Japanese Prime Minister Shinzo Abe, fresh from winning a third term as premier, is expected to walk a fine line when he meets President Donald Trump next week as Tokyo looks to avoid a trade war with the U.S.
Earlier this month, Trump indicated he could impose a 25 percent duty on imports of Japanese vehicles and automotive parts as part of a strategy to reduce U.S. trade deficits with the international community. The move is widely seen as a bargaining tool for Washington to get what it has long sought from Tokyo — a free trade agreement.
However, the world’s third largest economy is opposed to a bilateral trade deal and must find other ways to appease Trump, strategists told CNBC.
Read more here