Japanese Prime Minister Sanae Takaichi Meets with Trump, Signs Key Agreements

U.S. President Donald Trump held his first leaders’ summit with Japanese Prime Minister Sanae Takaichi in Tokyo on October 28, during which the two sides signed two major agreements covering U.S.–Japan tariffs and rare earth supply chain cooperation, underscoring their determination to deepen the alliance and economic ties.
Takaichi, Japan’s first female prime minister, drew significant international attention for this meeting. She stated her hope to work hand in hand with Trump to usher in a “new golden era” for the U.S.–Japan alliance. Trump praised Takaichi’s leadership, calling her appointment as prime minister “a major event,” emphasizing that the United States would remain Japan’s steadfast ally and pledging continued support in defense and economic cooperation.
Following the talks, the two leaders signed two key agreements.
The first agreement confirms that the U.S. will maintain a 15% tariff on Japanese imports while establishing a $550 billion investment fund to encourage Japanese companies to invest in the United States and create jobs.
The second agreement focuses on ensuring a stable supply of rare earths and critical minerals, with both sides agreeing to jointly develop these resources to reduce dependence on China.
White House Press Secretary Karoline Leavitt stated that Takaichi plans to nominate Trump for the Nobel Peace Prize in recognition of his contributions to regional peace. The two leaders also met with families of North Korean abduction victims, reaffirming the importance of human rights issues.
In addition, Takaichi announced that Japan will gift 250 cherry trees and fireworks made in Akita Prefecture to Washington, D.C., in celebration of the United States’ 250th anniversary next July—symbolizing the friendship between the two nations. She also mentioned her political mentor, the late former Prime Minister Shinzo Abe, noting that Abe admired Trump’s “energetic diplomatic style” and expressing her intent to continue his diplomatic legacy.
Trump, who has long criticized Japan’s car market for being unfair to American automakers, attended an outdoor display featuring a U.S.-made Ford F-150 and a white Toyota vehicle, symbolizing mutual benefit in the auto trade. Reports suggest that Takaichi is considering purchasing F-150s for government use, as a gesture of goodwill.
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