President Trump Attends a Reception with Japanese Business Leaders

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Tokyo, Japan

This video starts with President Donald Trump and First Lady Melania Trump being welcomed by Ambassador William F. Hagerty, U.S. Ambassador to Japan, at his residence. The Ambassador says a few words in praise of Donald Trump and tells about what all he has done for the US since his election.

Trump then takes on the podium. He thanks Ambassador Hagerty for doing a fantastic job. At the reception, Trump is also joined by Ambassador Lighthizer and Peter Jennings, along with many other representatives from the American and Japanese communities.

Trump announces that the relationship between Japan and the United States has never been stronger. The two nations are cooperating closely across many industries, including commerce, defense, technology, digital economy, energy, infrastructure, science, military, etc. The United States and Japan are also negotiating a bilateral trade agreement, which will benefit both countries. Japan is ordering a great deal of military equipment from the US.

With this deal, Trump hopes to address the trade imbalance, remove barriers to United States’ exports, and ensure fairness and reciprocity in their relationship. Moreover, recently U.S. beef exports gained full access to Japan.

Both nations are working together to promote mutually beneficial investment. The United States is currently Japan’s top foreign direct investor. And, overall Japanese investment in the United States supports nearly a million jobs.

Trump then goes on to talk about how America has developed over the years since his election in 2016. The stock market is up almost 50%. The nation has the best employment and unemployment numbers. And, they have some interesting trade deals going on with China and other nations.

Trump reports some statistics. He reveals that last year, the United States was ranked the most competitive economy worldwide. Moreover, according to the World Economic Forum, America’s financial system, business dynamics, and labor market ranked number one worldwide.

Trump further adds that he has slashed corporate tax rate as well as cut red tape and job-killing regulation. Additionally, he has opened a new LNG plant in Louisiana with a $10 billion investment. Plus, he did the Dakota Access Pipeline and the Keystone XL Pipeline.

Trump states that he wants U.S. companies, Japanese companies, and firms from around the world to build and grow in the United States. He has made it much easier for these firms by getting rid of a lot of red tape.

Trump ends his speech by asserting that commerce between the United States and Japan is essential to ensuring a future of peace and prosperity for their citizens. Therefore, he hopes that the economic ties between the United States and Japan continue to grow deeper and stronger.

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