Washington – President Trump holds a joint press conference with Japanese Prime Minister Shigeru Ishiba on Friday, while Nippon Steel in Japan hopes that the Trump administration will allow an offer of almost $ 15 billion for US Steel to progress.
Trump met the CEO of US Steel, David Burritt, at the White House on Thursday. Biden administration blocked the sale of American steel In Japanese Steel last month, and Japanese Steel hopes that the Trump administration will allow the sale to continue, despite Trump’s previous wish To also block the agreement. Us Steel and Nippon Steel brought prosecution on the Biden administration’s decision from preventing Japanese Steel from resuming his rival company based in Pittsburgh.
“The United States is proud of our long and narrow alliance with Japan, and it is time for a new era of relations with the United States in Japan to bring peace and prosperity to Indo-Pacific,” said Declared a senior administration official to journalists for a telephone call. “Our two nations will continue to work together to ensure that we dissuade threats in the region thanks to our full range of military capacities.”
Friday is the first meeting in person of Trump with Ishiba.
Mandel Ngan / AFP via Getty Images
The appearance of Mr. Trump with Japanese Prime Minister is his second meeting and his joint press conference with a foreign leader this week. Trump on Tuesday welcomed Israeli Prime Minister Benjamin Netanyahu and said the United States wanted control of and “own” the Gaza Strip.
Ishiba will probably seek to persuade Mr. Trump to place prices on Japanese products, while Trump exercises his power to slap prices on nations which, according to him, do not treat the United States fairly.
The United States and Japan have close financial links, and Japan is the largest source of direct foreign investment in the United States
A senior administration official said that subjects in their discussion will include training exercises and growing cooperation on defense equipment and technology, foreign investment in the United States, energy exports and means of increasing Cooperation in space companies, among others.
Trump approached the former Prime Minister of Japan, Shinzo Abe, who was murdered in 2022. Mr. Trump welcomed Abe widow in his Mar-A-Lago field in December.
How to watch President Trump’s press conference
What: President Trump holds a press conference with Japanese Prime Minister
Date: Friday February 7, 2025
Time: After 1 p.m.
Location: White House
Online stream: Live on CBS News in the video player above and on your mobile or streaming device
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