Tokyo's emphasis on large FDI and strategic location falls on deaf ears
U.S. President Donald Trump meets with Japanese trade envoy Ryosei Akazawa and the Japanese delegation in the Oval Office of the White House on April 16. (White House photo)
WASHINGTON -- When the White House began negotiations after President Donald Trump announced country-by-country "reciprocal" tariffs, Japan was first in line. Japanese trade envoy Ryosei Akazawa met with Trump in the Oval Office in mid-April, and was photographed donning a red "Make America Great Again" hat, signed by the president, signaling optimism.
On Monday morning, it was a completely different picture. Japan was the first to receive a letter from Trump declaring the relationship "far from Reciprocal" and announcing a unilateral 25% tariff on all Japanese goods exports to the U.S.
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