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  • 00:00FROM MAR-A-LAGO IPHONE. PRESIDENT TRUMP SAYS HE AND SHINZO ABE WILL CONTINUE TO WORK TOGETHER ON TRADE TO REDUCE WHAT HE CALLS IMBALANCES. AFTER TALKS AT MAR-A-LAGO, THE LEADERS SAY THEY AGREED TO COOPERATE ON FAIR, RECIPROCAL TRADE. JAPANESE INVESTMENT HAS BEEN GAINING MOMENTUM. THE PRESIDENT WANTS GREATER ACCESS TO JAPANESE MARKETS FOR AMERICAN GOODS. I WANT TO BRING OUR BUREAU CHIEF HERE IN HONG KONG. GREAT TO HAVE YOU HERE. WHAT DO YOU THINK SHINZO ABE AGREED -- ACHIEVED IN THIS VISIT? > > ONE, THEY PLAYED GOLF. ON THE NORTH KOREA FRONT, THEY WANTED TO, ABE WHY TO BE ON THE SAME PAGE. HE WAS ABLE TO ACHIEVE THAT. WHAT JAPAN WANTS IS TO MAKE SURE MAXIMUM PRESSURE IS APPLIED TO NORTH KOREA UNTIL HE GETS WHAT IT WANTS. THAT IS SOMETHING THAT PRESIDENT TRUMP SAID AND HE MENTIONED THAT HE WOULD BRING UP THE ISSUE OF THE OBJECTIVES THAT HAVE BEEN A KEY ISSUE FOR JAPAN FOR DECADES. AT THE TALKS. IN THAT WAY THERE IS SOMETHING HE WOULD BE ABLE TO PRESENT TO THE PEOPLE. HOWEVER, AGAIN, THERE WERE A LOT OF ISSUES THAT HE WANTED TO ALSO COVER BUT COULD NOT, ESPECIALLY ON THE TRADE FRONT. HE WAS NOT ABLE TO GET MUCH ON THAT FRONT, I THINK. YVONNE: IS HE THINKING I AM GOING TO HAVE TO GET INTO THE BILATERAL TRADE DEAL WITH THE U.S. TO GET SOME KIND OF EXEMPTION WHEN IT COMES TO STEEL AND ALUMINUM TARIFFS OR DO WE GET THE U.S. TO JOIN TPP? > > THE PRESIDENT MADE IT CLEAR THAT HE WAS NOT INTERESTED. THIS IS GOING TO BE A VERY DIFFICULT SITUATION GOING FORWARD ON THAT. RAMY: WHAT DOES THIS DO TO ABE ' S APPROVAL RATING WHEN HE LANDS IN TOKYO? > > THIS WILL NOT GREATLY IMPROVE HIS SUPPORT RATE. THE APPROVAL RATE HAS BEEN BELOW 30% WHICH IS SEEN AS A CRUCIAL LINE ESPECIALLY AMONG THE POLITICIANS AND IT HAS BEEN SAID THE ATMOSPHERE IN PARLIAMENT AND WHERE THE PARLIAMENT SITS IS CHANGING ONCE THAT FIGURE CROSSES THAT LINE. I THINK HE WILL GO BACK AND OBVIOUSLY TRY TO TOUT THE FACT THAT HE AND PRESIDENT TRUMP WERE ALIGNED ON NORTH KOREA AND WHAT HE ACHIEVED. A SERIES OF SCANDALS HE FACES I THINK STILL IS A BIT MORE HEAVY AND THE COUNTRY IS STILL MUCH MORE FOCUSED ON THAT. RAMY: I WAS SPEAKING WITH ANALYSTS EARLIER WHETHER THAT SOLVED ABE ' S PROBLEM. TALKING WITH KOREA AND CHINA AND THE U.S., OR ARE THEY THAT THIRD WHEEL? > > HARD TO SAY. JAPAN, KOREA, AND CHINA ARE SCHEDULED TO HAVE A MEETING IN EARLY MAY. NORTH KOREA WOULD BE AN ISSUE. NOW WHETHER JAPAN WOULD BE ABLE TO PLAY A CRUCIAL ROLE WHEN YOU -- WITH TALKS, IT IS NOT CLEAR. JAPAN WILL HAVE TO -- TRY TO HAVE A SAY BUT BASED ON THE CONVERSATIONS AND WHAT WAS
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Trump, Abe Agree to Work Together on Trade

  • Daybreak Asia

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April 19th, 2018, 12:30 AM GMT+0000

President Donald Trump and Japanese Prime Minister Shinzo Abe committed Wednesday to intensify bilateral trade talks as the U.S. seeks to rewrite agreements with many of its biggest trading partners. Bloomberg's Kazunori Takada reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)


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