Economics
Inside Japan's Plan to Sidestep Trump on Trade
- Pence heads to Tokyo for economic dialogue on April 18
- Japan looks to avoid criticism over currency, revive TPP talks
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Japan had one main objective when Prime Minister Shinzo Abe visited the White House in February: Deal with U.S. Vice President Mike Pence on major economic disputes.
Ahead of the meeting, President Donald Trump had lashed out at Japan for keeping the yen weak and exacerbating the trade deficit with barriers for U.S.-made cars. For Abe, the criticism threatened to sour relations with an ally that is crucial for Japan’s defense against threats from North Korea and China.