The Prague Post - Takaichi, Trump swap praise for 'new golden age' of ties

EUR -
AED 4.262403
AFN 76.025626
ALL 96.706321
AMD 441.328845
ANG 2.077613
AOA 1063.133711
ARS 1659.11928
AUD 1.728665
AWG 2.089127
AZN 1.977672
BAM 1.955928
BBD 2.340453
BDT 142.129289
BGN 1.94912
BHD 0.436229
BIF 3440.324855
BMD 1.160626
BND 1.495898
BOB 8.029525
BRL 6.231637
BSD 1.162076
BTN 105.42589
BWP 15.520014
BYN 3.351319
BYR 22748.266796
BZD 2.337153
CAD 1.615248
CDF 2524.361659
CHF 0.931587
CLF 0.026063
CLP 1029.1158
CNY 8.088228
CNH 8.086597
COP 4282.97993
CRC 567.93712
CUC 1.160626
CUP 30.756585
CVE 110.272207
CZK 24.275825
DJF 206.933525
DKK 7.476176
DOP 74.034839
DZD 150.783855
EGP 54.665573
ERN 17.409388
ETB 181.326851
FJD 2.645651
FKP 0.867382
GBP 0.867077
GEL 3.122537
GGP 0.867382
GHS 12.590823
GIP 0.867382
GMD 85.886726
GNF 10173.664937
GTQ 8.909582
GYD 243.075887
HKD 9.049807
HNL 30.646003
HRK 7.539314
HTG 152.219949
HUF 385.448293
IDR 19625.138678
ILS 3.650289
IMP 0.867382
INR 105.46652
IQD 1522.299495
IRR 48891.364407
ISK 146.216093
JEP 0.867382
JMD 183.381986
JOD 0.82293
JPY 183.605253
KES 149.899797
KGS 101.497177
KHR 4678.305768
KMF 493.266396
KPW 1044.582112
KRW 1710.263889
KWD 0.35745
KYD 0.968363
KZT 594.218837
LAK 25126.642244
LBP 104062.001353
LKR 359.983528
LRD 209.753709
LSL 19.027344
LTL 3.427027
LVL 0.702051
LYD 6.314413
MAD 10.698799
MDL 19.923302
MGA 5400.35296
MKD 61.559023
MMK 2437.404995
MNT 4137.384764
MOP 9.33591
MRU 46.529041
MUR 53.741319
MVR 17.943715
MWK 2015.0317
MXN 20.45708
MYR 4.709244
MZN 74.168321
NAD 19.027344
NGN 1646.731222
NIO 42.762795
NOK 11.716755
NPR 168.681025
NZD 2.017778
OMR 0.444939
PAB 1.162076
PEN 3.904755
PGK 4.964324
PHP 68.976429
PKR 325.215056
PLN 4.222531
PYG 7942.519112
QAR 4.225176
RON 5.093643
RSD 117.34767
RUB 90.405909
RWF 1694.310738
SAR 4.351867
SBD 9.428473
SCR 17.715158
SDG 698.120719
SEK 10.70318
SGD 1.495587
SHP 0.87077
SLE 28.029545
SLL 24337.743057
SOS 662.943329
SRD 44.519871
STD 24022.611945
STN 24.501601
SVC 10.167665
SYP 12836.02859
SZL 19.032244
THB 36.455686
TJS 10.801306
TMT 4.073797
TND 3.408323
TOP 2.794508
TRY 50.22899
TTD 7.890516
TWD 36.702515
TZS 2928.391396
UAH 50.390893
UGX 4131.270014
USD 1.160626
UYU 44.972939
UZS 13908.909068
VES 396.139367
VND 30495.444391
VUV 140.624109
WST 3.23838
XAF 655.999875
XAG 0.012877
XAU 0.000253
XCD 3.13665
XCG 2.094337
XDR 0.815853
XOF 655.999875
XPF 119.331742
YER 276.780295
ZAR 19.042575
ZMK 10447.029624
ZMW 23.328525
ZWL 373.721052
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    -0.0600

    23.92

    -0.25%

  • NGG

    1.5300

    80.89

    +1.89%

  • RBGPF

    0.0000

    84.04

    0%

  • RELX

    -0.2200

    41.63

    -0.53%

  • BTI

    0.1400

    58.22

    +0.24%

  • GSK

    -0.9000

    48.22

    -1.87%

  • CMSC

    -0.0700

    23.48

    -0.3%

  • BCE

    -0.1000

    24.14

    -0.41%

  • BP

    0.2300

    35.38

    +0.65%

  • RIO

    -1.2200

    85.13

    -1.43%

  • JRI

    0.1600

    13.7

    +1.17%

  • RYCEF

    0.0500

    17.08

    +0.29%

  • AZN

    0.4000

    94.39

    +0.42%

  • VOD

    0.0200

    13.47

    +0.15%

  • BCC

    -0.7600

    85.51

    -0.89%

Takaichi, Trump swap praise for 'new golden age' of ties
Takaichi, Trump swap praise for 'new golden age' of ties / Photo: ANDREW CABALLERO-REYNOLDS - AFP

Takaichi, Trump swap praise for 'new golden age' of ties

Japan's new premier Sanae Takaichi lavished US leader Donald Trump with praise and vows of a "golden age of ties" on his visit to Tokyo Tuesday, before inking a deal with Washington aimed at securing critical minerals.

Text size:

Takaichi, Japan's first woman prime minister, lauded Trump's involvement in mediating conflicts and will nominate him for a Nobel Peace Prize, the White House said.

Trump, on an Asia tour that aims for a trade deal with China, reciprocated with warmth for the key partner in business and defence by saying Washington is an ally of the "strongest level".

Takaichi greeted Trump at her prime minister's residence in Tokyo, her first face-to-face meeting with the US leader just days after she took office.

"We are an ally at the strongest level, and it's a great honour to be with you, especially so early in what will be, I think, one of the greatest prime ministers," Trump told Takaichi.

She praised Trump's efforts towards a ceasefire between Thailand and Cambodia and his "unprecedented historic achievement" of the Gaza deal.

"I would like to realise a new golden age of the Japan-US Alliance, where both Japan and the United States will become stronger and also more prosperous," she said.

The two sides also signed an agreement aimed at "achieving resilience and security of critical minerals and rare earths supply chains," a statement said.

Beijing this month announced sweeping restrictions on the rare earths industry, prompting Trump to threaten 100 percent tariffs on imports from China in retaliation.

Trump also apologised for being late, saying he was watching World Series baseball -- a game featuring Japanese stars Yoshinobu Yamamoto and Shohei Ohtani for the Los Angeles Dodgers.

- Trade talks -

Trump arrived in Tokyo on Monday for a visit sandwiched between a trip to Malaysia and a meeting in South Korea with Chinese counterpart Xi Jinping that could ease the bruising trade war.

Negotiators from Beijing and Washington have both confirmed a "framework" has been agreed between the world's two biggest economies.

In Tokyo, Trump and Takaichi were expected to focus on security and trade between their allied countries.

Takashi Ito, a 58-year-old Tokyo resident, said that "what's important is finding some kind of middle ground" on trade.

"Simply pushing to raise tariffs has already created various issues."

On security, long-pacifist Japan is adopting a more muscular military stance as relations with China worsen.

Takaichi, a China hawk who last week became the first woman to serve as Japan's prime minister, said her government would achieve its target of spending two percent of gross domestic product on defence this year -- two years ahead of schedule.

The United States, which has around 60,000 military personnel in Japan, wants Tokyo to spend even more, potentially matching the five percent of GDP pledged by NATO members in June.

Yee Kuang Heng, a professor at the University of Tokyo's Graduate School of Public Policy, told AFP that in a bid to "deflect US pressure" on Japan to boost defence spending, Takaichi has "preemptively" brought forward the target.

Apart from his meeting with Takaichi, Trump is due to deliver a speech on Tuesday on the USS George Washington aircraft carrier, docked at the US naval base Yokosuka.

He will also have dinner with business leaders, likely including the chairman of carmaker Toyota.

- 'Phenomenal' -

Most Japanese imports into the United States are subject to tariffs of 15 percent, less painful than the 25 percent first threatened.

But the levies still contributed to a 24-percent slump in US-bound car exports in September in value terms year-on-year.

The car industry accounts for around eight percent of jobs in Japan.

Under the terms of a July trade deal shared by the White House, Japan is also expected to invest $550 billion in the United States.

Trump said before arriving that he had heard "phenomenal things" about Takaichi, "a great ally and friend of Shinzo Abe, who was my friend".

Abe's alleged killer Tetsuya Yamagami was due to go on trial in the western city of Nara -- also Takaichi's hometown -- more than three years after the fatal shooting.

The greatest prize for Trump -- and for global markets -- remains a China trade deal.

Trump is due to meet Xi on Thursday in South Korea for their first face-to-face talks since the 79-year-old Republican's return to office in January.

"I have a lot of respect for President Xi and we are going to, I think... come away with a deal," Trump told reporters en route from Malaysia, where comments from US and Chinese negotiators raised hopes of an accord.

Trump also indicated he was willing to extend his trip in order to meet North Korean leader Kim Jong Un, though no such meeting has been announced.

O.Ruzicka--TPP