UCF Global Perspectives

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Abe, Trump Discuss Trade at Mar-a-Lago

Nathaniel Yerby, Lawrence J. Chastang Global Fellow

April 24, 2018

Japanese Prime Minister Shinzo Abe discussed international trade with US President Donald Trump on Wednesday at Trump’s Mar-a-Lago resort in Palm Beach, Florida. The two leaders reaffirmed their commitment to free trade between Japan and the United States, although Trump insisted on reducing trade deficits. Trump expressed support for bilateral trade negotiations and said the US would not join the TPP unless “they offered us a deal I can’t refuse” (Reuters). The Mar-a-Lago meeting coincided with developing diplomatic efforts to denuclearize the Korean peninsula, a process involving both Korean states, the US, and Japan (The Japan Times).

 

Although the meetings between the two allies were friendly, they did not resolve a major economic disagreement between Japan and the United States. Abe requested that Japan be exempted from American steel and aluminum tariffs, which Trump imposed last month. Trump refused to grant an exemption, even though he has exempted other major US allies. Trump’s opposition to the TPP was also a source of contention between the President and the Prime Minister (Washington Post).

 

Sources:

 

https://www.reuters.com/article/us-usa-japan-trade-imbalances/trump-japans-abe-agree-to-intensify-trade-talks-idUSKBN1HP37W

https://www.japantimes.co.jp/news/2018/04/19/national/politics-diplomacy/abe-underscores-tpp-trump-remain-loggerheads-trade-issues/#.Wti4Qy7wbcs

https://www.washingtonpost.com/business/trump-abe-fail-to-agree-on-us-tariff-exemption-for-japan/2018/04/18/4313f2ba-436f-11e8-b2dc-b0a403e4720a_story.html?noredirect=on&utm_term=.cc738c9776d1


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