What is at stake in US-Japan talks?published at 01:29 GMT
01:29 GMT
Suranjana Tewari
Asia Business Correspondent
Trump imposed tariffs of 15% on imports from Japan and forced its ally to commit to investing $550bn to “advance economic and security interests in the US”.
US Commerce Secretary Howard Lutnick is expected to flesh out those investments with Japanese companies during his visit.
So far, he has said the package would focus on areas such as power and pipelines that are fundamental to national security and have “virtually no risk”.
Tokyo has committed to buying around $8bn worth of agricultural products from the US, including soybeans.
Lutnick said tariffs on Japanese-made semiconductors and pharmaceuticals will remain at 15%.
Washington has pressed Tokyo to increase defence spending – something Takaichi seems open to.
The two leaders are also expected to discuss co-operation in shipbuilding, artificial intelligence and other technologies.
AloJapan.com