Japan pM Ishiba, after Meeting Trump, Voices Optimism Over Averting
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TOKYO, Feb 9 (Reuters) - Japanese Prime Minister Shigeru Ishiba revealed optimism on Sunday that his country could avoid greater U.S. tariffs, saying President Donald Trump had “acknowledged” Japan’s substantial investment in the U.S. and the American tasks that it produces.

At his first White House summit on Friday, Ishiba informed public broadcaster NHK, he explained to Trump the number of Japanese car manufacturers were developing tasks in the United States.

The two did not specifically discuss auto tariffs, Ishiba said, although he said he did not understand whether Japan would go through the mutual tariffs that Trump has said he prepares to enforce on imports.

Tokyo has so far escaped the trade war Trump let loose in his first weeks in workplace. He has revealed tariffs on products from Canada, Mexico and China, although he delayed the 25% tasks on his North American neighbours to enable talks.

The escalating trade tensions because Trump went back to the White House on January 20 threaten to burst the international economy.

Ishiba said he thinks Trump “identified the truth Japan has actually been the world’s largest financier in the United States for 5 straight years, and is for that reason different from other countries.”

“Japan is developing many U.S. jobs. I believe (Washington) won’t go straight to the concept of greater tariffs,” he said.

Ishiba voiced optimism that Japan and the U.S. can prevent a tit-for-tat tariff war, stressing that tariffs should be put in location in a manner that “benefits both sides”.

“Any action that makes use of or omits the other side will not last,” Ishiba said. “The question is whether there is any problem between Japan and the United States that calls for enforcing higher tariffs,” he included.

Japan had the highest foreign direct investment in the United States in 2023 at $783.3 billion, trademarketclassifieds.com followed by Canada and Germany, according to the most recent U.S. Commerce Department information.

Trump pressed Ishiba to close Japan’s $68.5 billion yearly trade surplus with Washington but revealed optimism this might be done rapidly, [users.atw.hu](http://users.atw.hu/samp-info-forum/index.php?PHPSESSID=e8591bcec970ed200eaaabb55bacc3ea&action=profile