US President and Japan's PM Intend to Discuss Trade and North Korea Problems

Forex News

US President Donald Trump and Japanese Prime Minister Shinzo Abe will meet on April 17-18 in the United States. Japanese Prime Minister Shinzo Abe said that during a meeting with US President Donald Trump, he intends to discuss the situation with North Korea and economic issues.

Both leaders also intend to raise the issue of Washington's upcoming talks with Pyongyang, as the talks between Donald Trump and North Korean leader Kim Jong-un are scheduled for May or early June this year. Japan wants Trump to avoid a deal in which Pyongyang gives up ballistic missiles that can hit the US mainland but keeps shorter-range missiles that threaten Japan.

US duties on imported metals will also be one of the most important topics for negotiations between the two leaders in Florida. The United States has already introduced new import duties on steel and aluminum in March, while Japan has not been exempt from customs fees.

Earlier, Japan's Finance Minister Taro Aso said Japan would be pleased if the US decided to join the TPP agreement, but opposed the conclusion of a bilateral free trade agreement. Tokyo is equally eager to avoid being pushed into talks on a two-way free trade agreement aimed not only at market access but at monetary and currency policies. Such disagreements created the basis for confrontation between the world's largest and third largest economy on the eve of a summit between the leaders of the two countries.