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

EUR -
AED 4.234647
AFN 72.643117
ALL 95.757309
AMD 435.408728
ANG 2.064091
AOA 1057.36486
ARS 1614.346342
AUD 1.657376
AWG 2.078408
AZN 1.958576
BAM 1.951805
BBD 2.325839
BDT 141.699943
BGN 1.970952
BHD 0.432714
BIF 3418.203011
BMD 1.15307
BND 1.476877
BOB 7.979562
BRL 6.142287
BSD 1.154836
BTN 107.960008
BWP 15.747244
BYN 3.503552
BYR 22600.165943
BZD 2.322546
CAD 1.583482
CDF 2623.233322
CHF 0.910977
CLF 0.02668
CLP 1053.47892
CNY 7.940499
CNH 7.975581
COP 4262.368236
CRC 539.395868
CUC 1.15307
CUP 30.556347
CVE 110.039751
CZK 24.519569
DJF 205.639061
DKK 7.471402
DOP 68.54968
DZD 151.575728
EGP 59.993636
ERN 17.296045
ETB 181.99598
FJD 2.553415
FKP 0.86425
GBP 0.867287
GEL 3.130599
GGP 0.86425
GHS 12.588232
GIP 0.86425
GMD 84.754467
GNF 10122.279909
GTQ 8.845893
GYD 241.602302
HKD 9.0294
HNL 30.56696
HRK 7.534383
HTG 151.499883
HUF 394.348104
IDR 19591.634159
ILS 3.620064
IMP 0.86425
INR 108.33689
IQD 1512.803324
IRR 1517007.312332
ISK 143.810774
JEP 0.86425
JMD 181.43176
JOD 0.817567
JPY 183.967079
KES 149.033754
KGS 100.833527
KHR 4614.554106
KMF 492.361081
KPW 1037.767304
KRW 1744.899987
KWD 0.353497
KYD 0.96233
KZT 555.193531
LAK 24798.023914
LBP 103421.202089
LKR 360.239473
LRD 211.327417
LSL 19.480655
LTL 3.404715
LVL 0.69748
LYD 7.392867
MAD 10.790871
MDL 20.11066
MGA 4815.289368
MKD 61.514082
MMK 2420.814966
MNT 4112.942181
MOP 9.321419
MRU 46.226376
MUR 53.69826
MVR 17.826655
MWK 2002.561585
MXN 20.74707
MYR 4.542518
MZN 73.682844
NAD 19.480823
NGN 1564.415464
NIO 42.493018
NOK 11.085554
NPR 172.734917
NZD 1.989824
OMR 0.440697
PAB 1.154821
PEN 3.992527
PGK 4.984796
PHP 69.617751
PKR 322.430976
PLN 4.281665
PYG 7542.56054
QAR 4.222856
RON 5.092994
RSD 117.210073
RUB 97.493633
RWF 1680.289628
SAR 4.329659
SBD 9.284125
SCR 15.845265
SDG 692.995016
SEK 10.832917
SGD 1.480346
SHP 0.865101
SLE 28.336616
SLL 24179.307368
SOS 659.960522
SRD 43.225694
STD 23866.214565
STN 24.449951
SVC 10.104317
SYP 127.488051
SZL 19.487785
THB 38.115291
TJS 11.091795
TMT 4.047275
TND 3.410619
TOP 2.776315
TRY 51.114334
TTD 7.834894
TWD 37.054472
TZS 2998.28211
UAH 50.591177
UGX 4365.064806
USD 1.15307
UYU 46.533738
UZS 14079.180219
VES 524.289984
VND 30370.702591
VUV 137.475997
WST 3.145334
XAF 654.628344
XAG 0.018232
XAU 0.000269
XCD 3.116229
XCG 2.081222
XDR 0.814158
XOF 654.617013
XPF 119.331742
YER 275.125069
ZAR 19.826569
ZMK 10379.012321
ZMW 22.547845
ZWL 371.28797
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    -0.2420

    22.658

    -1.07%

  • BCC

    -1.5600

    68.3

    -2.28%

  • NGG

    -3.5400

    81.99

    -4.32%

  • GSK

    -0.5300

    51.84

    -1.02%

  • BCE

    0.0600

    25.79

    +0.23%

  • RIO

    -2.5000

    83.15

    -3.01%

  • JRI

    -0.3900

    11.77

    -3.31%

  • CMSC

    -0.2000

    22.65

    -0.88%

  • RELX

    -0.4600

    33.36

    -1.38%

  • RYCEF

    -1.2600

    15.34

    -8.21%

  • VOD

    -0.0900

    14.33

    -0.63%

  • BTI

    -1.3500

    57.37

    -2.35%

  • AZN

    -5.3300

    183.6

    -2.9%

  • BP

    -1.0800

    44.78

    -2.41%

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