Cybersecurity

Trump and Abe Agree to Start New Trade and Investment Talks

  • The president has withdrawn from the Trans-Pacific Partnership
  • U.S.-Japan reaffirm alliance covers isles disputed with China

Trump to Welcome Japan's Abe Amid Travel Ban Court Fight

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Japan and the U.S. will begin new talks on trade and investment following President Donald Trump’s decision to withdraw from the Trans-Pacific Partnership, the two governments said in a statement after their leaders met in Washington on Friday.

The announcement came after Trump criticized Japan for what he said were "unfair" trade practices hampering U.S. auto exports to the country. Japan had the second-largest trade surplus with the U.S. last year, with the bulk of the difference due to trade in vehicles. Japanese Prime Minister Shinzo Abe has rejected the charge and underscored the fact that Japanese automakers in the U.S. provide jobs for U.S. citizens.