President Donald Trump and Prime Minister Shinzo Abe of Japan sign “stage-one” of a U.S-Japan trade agreement negotiated by U.S. Trade Representative Robert Lighthizer and Foreign Minister Motegi; both are very strong negotiators.
The agreement has been in the works for several years as President Trump and PM Abe both held firm to positions that benefit both. [Video and Transcript Below] Japan is the fulcrum for Trump’s Indo-Pacific trade reset; PM Abe recognizes the importance of positioning Japan to benefit from the decoupling between the U.S. and China. Trade can be boring at times, but this jousting is actually a lot of fun; don’t miss it.
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[Transcript] – PRESIDENT TRUMP: Thank you very much everybody for being here. I’m honored to be alongside my great friend, Prime Minister Abe of Japan, to formally announce our first stage of a phenomenal new trade agreement with our close ally. They’ve been a great friend, and the Prime Minister has been my great friend.
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