21. Japan-US Trade Talks: Start by Expanding Beyond Trade
- Author:
- Mark Siegel
- Publication Date:
- 05-2025
- Content Type:
- Special Report
- Institution:
- Hudson Institute
- Abstract:
- Japan is facing a world suddenly beset by enormous uncertainties. Tokyo didn’t ask for this moment, but it should take the embedded opportunity seriously. This is not a time to patiently wait for a return to the old normal. The ancien régime is gone. Instead, Tokyo should put forward ideas that transcend previous institutional arrangements. While the coming period will be challenging, Japan may never have a better opportunity to press for systemic change. By most accounts, negotiations between Japan and the United States have started well. The US seems open to novel and tradition-breaking approaches, and wants to develop a framework agreement quickly. There is clearly goodwill between the two countries, and President Donald Trump’s participation in the opening dialogue was more than just symbolic. He appreciates the extraordinary importance of the bilateral relationship to both countries, and while the president takes issue with the merchandise trade imbalance, he and his team see value in creating win-win outcomes across a spectrum of subjects.
- Topic:
- Diplomacy, Economics, Bilateral Relations, and Trade
- Political Geography:
- Japan, Asia, North America, and United States of America