SME Times is powered by   
Search News
Just in:   • Distressed Jaypee home buyers seek government's intervention  • CII suggests creation of National Employment Board  • From merger, govt now looks to de-merge 3 PSU insurers then look for strategic sale  • April fiscal deficit at 0.75% of GDP  • Trump delays 10-city raids on illegal immigrants 
Last updated: 25 May, 2019  

Trump.9.Thmb.jpg Trump arrives in Japan with N. Korea, Iran on agenda

Trump.9.jpg
   Top Stories
» April fiscal deficit at 0.75% of GDP
» Manufacturing outlook moderates in Q1: FICCI survey
» Printing of Budget commences with Halwa Ceremony
» NSIC signs MoU on eGovernance services benefitting MSMEs
» DPIIT to work with industry for exports promotion: Goyal
IANS | 25 May, 2019
US President Donald Trump and First Lady Melania Trump landed in Japan on Saturday, kicking off a highly anticipated state visit -- with the President to become the first foreign leader to meet the newly-crowned Emperor Naruhito.

The US leader will hold his first meeting with Japanese Prime Minister Shinzo Abe and also play a round of golf with him on Sunday. Trump's audience with Emperor Naruhito and the high-level political meetings are scheduled for Monday.

In their meeting, Trump and Abe are expected to discuss a number of regional and global issues, including the denuclearization of the Korean peninsula and the tensions between the US and Iran.

Trump's trip comes amid fears among Japanese political and business leaders that US tariffs on the auto industry will have a crippling effect on the Asian nation's economy.

Trump's plane landed at the Haneda International Airport at 4.58 p.m. and he was received by Japanese Foreign Minister Taro Kono - with whom he had brief chat - along with other dignitaries, Fox News reported.

The President's first stop was a dinner with business leaders at the US Ambassador's residence in Tokyo after a brief airport welcome.

Trump told reporters that he's working to introduce "fairness and reciprocity" in the new American-Japanese trade agreement. "Japan has had a substantial edge for many, many years but that's OK," he told business leaders in Tokyo, noting that negotiators were "hard at work" on the trade talks.

He added that the new trade deal will "address the trade imbalance" and eliminate the existing "barriers to US exports".

Japan enjoys a $70 billion trade surplus with the US, while it imports just a fraction of American goods and imposes protective measures against competition from other countries, a source of frustration for Trump, who sees tariffs as a corrective measure.

Japan, one of the countries most exposed to Pyongyang's nuclear and missile tests since 2006 as its neighbour, has been supporting Trump's efforts to convince North Korean leader Kim Jong-un to abandon his weapons programme.

However, Trump's visit comes at a delicate time after the February summit between him and Kim failed to achieve a deal and Pyongyang resumed missile tests in earlier this month.

The US President is expected to raise the topic of Abe's proposal to meet Kim unconditionally, which he made earlier this month without receiving a clear response from Pyongyang.

Tokyo is also expected to make efforts to reduce rising tensions between Washington and Tehran.

Public broadcaster NHK and other Japanese media on Saturday said that Abe was planning to visit Tehran in June, in what would be the first visit by a Japanese leader to the country since 1978.

Trump and Abe, meanwhile, will also attend the final of a sumo-wrestling competition, where the US President will award the trophy to the winner.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 24 Jun, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» MSMEs can now register delayed payment grievances online(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter