Japan and the United States are in the final stage of planning for a meeting between Prime Minister Shigeru Ishiba and President Donald Trump in Washington on Feb. 7, the Asahi newspaper said on Thursday,

On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.

Japanese Finance Minister Katsunobu Kato and U.S. Treasury secretary Scott Bessent will cooperate on issues including forex, Kato said on Wednesday, following a video conference call between the two officials.

Japanese Prime Minister Shigeru Ishiba, struggling to stabilize his minority government, said Friday he will seek to maintain regional security and prepare for tough negotiations with U.S. President Donald Trump to win his commitment to maintain a strong American presence in the Asia-Pacific.

In a joint letter to Donald Trump, the mayors of Hiroshima and Nagasaki urged him to come and "listen to the testimonies of the bomb survivors in person.

As Donald Trump re-enters the presidential office, the durability of these efforts will be tested, with his administration likely to reshape — though not entirely abandon — this critical partnership.

Meanwhile, Trump’s administration has rescinded a controversial memo that temporarily froze federal spending on loans and grants just two days after its issuance.

Japan’s Prime Minister Shigeru Ishiba sought support for his minority government with the opening of parliament on Friday, as he aims to pass a record ¥115.5 trillion ($738 billion) annual budget and navigate ties with the new US administration.

The global economy is on edge as U.S. President Donald Trump's proposed tariffs ripple across financial markets, sparking volatility and shifts in currency values. The U.S. dollar – which had recently reached a two-year high earlier this month – has shown signs of weakness amid investor uncertainty and fallen to a two-week low,

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.

Individual Japanese investors welcomed the first trading week of the year by snapping up the largest amount of the nation’s stocks in nine months.

Japan and the United States are in the final stages of arranging a meeting between Prime Minister Shigeru Ishiba and President Donald Trump in Washington on February 7, according to sources cited by the Asahi