Washington — President Trump is holding a joint press convention with Japanese Prime Minister Shigeru Ishiba Friday, as Japan’s Nippon Metal hopes the Trump administration will enable a virtually $15 billion bid for U.S. Metal to maneuver ahead.
Mr. Trump met with the CEO of U.S. Metal, David Burritt, on the White Home on Thursday. The Biden administration blocked the sale of U.S. Steel to Nippon Metal final month, and Nippon Metal hopes the Trump administration will enable the sale to proceed, regardless of Mr. Trump’s previous vow to additionally block the deal. U.S. Metal and Nippon Metal have filed lawsuits over the Biden administration’s resolution to cease Nippon Metal from taking on its Pittsburgh-based rival firm.
“The USA is pleased with our lengthy and shut alliance with Japan, and it is time for a brand new age of U.S. Japan relations to deliver peace and prosperity to the Indo-Pacific,” a senior administration official advised reporters on a cellphone name. “Our two nations will proceed to work collectively to make sure we deter threats within the area via our full vary of army capabilities.”
Friday is Mr. Trump’s first in-person assembly with Ishiba.
MANDEL NGAN/AFP by way of Getty Photographs
Mr. Trump’s look with the Japanese prime minister is his second assembly and joint press convention with a international chief this week. On Tuesday, Mr. Trump hosted Israeli Prime Minister Benjamin Netanyahu, and mentioned the U.S. desires to take control of and “personal” the Gaza Strip.
Ishiba will possible look to steer Mr. Trump from putting any tariffs on Japanese items, as Mr. Trump workouts his authority to slap tariffs on nations that he believes aren’t treating the U.S. pretty.
The U.S. and Japan have shut monetary ties, and Japan is the most important supply of direct international funding into the U.S.
A senior administration official mentioned subjects of their dialogue will embrace coaching workouts and growing cooperation on protection gear and expertise, international funding within the U.S., power exports, and methods to extend cooperation in area ventures, amongst different issues.
Mr. Trump grew near Japan’s former prime minister, Shinzo Abe, who was assassinated in 2022. Mr. Trump hosted Abe’s widow at his Mar-a-Lago property in December.
How you can watch President Trump’s press convention
What: President Trump holds a press convention with the Japanese prime minister
Date: Friday, Feb. 7, 2025
Time: After 1 p.m. ET
Location: White Home
On-line stream: Reside on CBS News within the video participant above and in your mobile or streaming device.
contributed to this report.
