Tokyo – New US Ambassador to Japan arrived in Tokyo on Friday and said that it is optimistic that his country and its leading Asian colleagues will reach a deal in their ongoing tariff talks.
George Glass, a major businessman, known for its background in finance, investment banking and technology, comes as Washington and Tokyo, is interacting on tariff measures of President Donald Trump, which has triggered anxiety around the world about their impact on economy and global trade.
“I am extremely optimistic … that a deal will be done,” Glass told reporters after landing at Haneda International Airport in Tokyo.
Their arrival comes a day later when the two countries held the first round of tariff dialogue between their top dialogues in Washington, where the two sides agreed to try to reach an agreement and held the second round of the meeting later this month.
Trump, along with his top economic advisors, Treasury Secretary Scott Bassant and Commerce Secretary Howard Lutynik attended a meeting with the Japanese delegation led by Economic Re -House Minister Ryosi Akajawa at the White House.
With his reputation as a dealmaker test, Trump probably wants to finalize a series of trade deals as countries around the world have tried to curb loss from American tariffs.
Trump’s recent 90-day stagnation declared Japan from 24% board tariffs, but 10% of baseline tariffs and 25% tax on imported cars, auto parts, steel and aluminum exports remain in place.
Japanese Prime Minister Shigeru Ishiba has said that tariffs will cool the investment of Japan’s economy and Japanese companies in the US and both sides should make an agreement that will benefit both.
Trump is also carrying on Tokyo to further increase his defense spending and some 50,000 American troops increase the shoulder more burden for hosting more burden as the Allies have strengthened military cooperation. He brought out the issue during his tariff talks with Japan.
Glass said on Friday, “We sit in a very difficult neighborhood with Japan. You have Russia, you have China, and you have North Korea,”
Glass in March in its nomination testimony to the Senate Foreign Relations Committee, vowed to have “tough interaction” on tariffs and reducing the US trade deficit with Japan and ensuring that Tokyo further enhanced its defense role in the region.
Japan, a long -time American ally, is one of the first countries that began negotiating tariffs with Washington. Other American colleagues are closely watching their conversation.
Glass said he was confident that a deal could be made because both Japan and America’s “best and most bright” officials are interacting and Trump is involved in personally dialogue, calling him his top priority.
America’s $ 40 trillion national debt, he said, “makes the country” instability and it is the end of our economy if we are going down from this road. ”
Glass, which starts working on Monday, did not explain how he can help Tokyo and Washington out their differences. After a long flight, he said, “What I want to do first is to go home and take a nap.”
This article was generated from an automated news agency feed without amending the text.
