Ishiba's visit to gratify Washington at cost of neighbors
1 month, 1 week ago

Ishiba's visit to gratify Washington at cost of neighbors

China Daily  

File photo: Japanese Prime Minister Shigeru Ishiba attends a press conference in Tokyo, Japan, Sept 27, 2024. Japanese Prime Minister Shigeru Ishiba paid his first official visit to the US from Feb 6 to 8, during which he met with US President Donald Trump. In the meeting with Trump, Ishiba also emphasized that Japan has led foreign direct investments in the US for the past five years and highlighted Japanese companies' record in creating jobs in the US. Ishiba also promised to take concrete steps to ease US concerns over the trade surplus, including increasing Japanese investments in the US to an "unprecedented" $1 trillion, importing "record volumes" of American liquefied natural gas by establishing a joint venture with Alaska oil and gas companies, and possibly importing bioethanol, ammonia and other resources from the US. Another alarming factor for Ishiba is that, to everyone's astonishment, Trump announced in the news conference that Nippon Steel would invest in the US steel sector instead of acquiring the United States Steel Corporation.

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