• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google

3

26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

1

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google

3

26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave
AsiaJapan
Asia

Trump tells Japan’s first woman Prime Minister she has a ‘very strong handshake’ in Tokyo meeting

By
Josh Boak
Josh Boak
,
Chris Megerian
Chris Megerian
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Josh Boak
Josh Boak
,
Chris Megerian
Chris Megerian
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
October 28, 2025, 11:29 AM ET
President Donald Trump, left, and Japanese Prime Minister Sanae Takaichi shake hands before their summit talk at Akasaka Palace in Tokyo, Tuesday, Oct. 28, 2025.
President Donald Trump, left, and Japanese Prime Minister Sanae Takaichi shake hands before their summit talk at Akasaka Palace in Tokyo, Tuesday, Oct. 28, 2025. Kyodo News via AP
Add Fortune on Google for similar content.

President Donald Trump treated his time in Japan on Tuesday as a victory lap — befriending the new Japanese prime minister, taking her with him as he spoke to U.S. troops aboard an aircraft carrier and then unveiling several major energy and technology projects in America to be funded by Japan.

Recommended Video

Sanae Takaichi, who became the country’s first female prime minister only days ago, solidified her relationship with Trump while defending her country’s economic interests. She talked baseball, stationed a Ford F-150 truck outside their meeting and greeted Trump with, by his estimation, a firm handshake.

By the end of the day, Trump — by his administration’s count — came close to nailing down the goal of $550 billion in Japanese investment as part of a trade framework. At a dinner for business leaders in Tokyo, Commerce Secretary Howard Lutnick announced up to $490 billion in commitments, including $100 billion each for nuclear projects involving Westinghouse and GE Vernova.

“You’re great business people,” Trump told the gathered executives before the dinner. “Our country will not let you down.”

It was not immediately clear how the investments would operate and how they compared with previous plans, but Trump declared a win as he capped off a day of bonding with Takaichi.

Trump and Japanese PM swap warm words

The compliments started as soon as the two leaders met on Tuesday morning. “That’s a very strong handshake,” Trump said to Takaichi.

She talked about watching the third game of the U.S. World Series before the event, and said Japan would give Washington 250 cherry trees and fireworks for July 4 celebrations to honor America’s 250th anniversary next year.

Takaichi emphasized her ties to the late Japanese Prime Minister Shinzo Abe, her archconservative mentor who had forged a friendship with Trump during his first term through their shared interest of golf.

“As a matter of fact, Prime Minister Abe often told me about your dynamic diplomacy,” she said, later gifting Trump a putter used by Abe.

Trump told her it was a “big deal” that she is Japan’s first woman prime minister, and said the U.S. is committed to Japan. While the president is known for not shying away from publicly scolding his foreign counterparts, he had nothing but praise for Takaichi.

“Anything I can do to help Japan, we will be there,” Trump said. “We are an ally at the strongest level.”

Takaichi laid out a charm offensive, serving American beef and rice mixed with Japanese ingredients during a working lunch, where the two leaders also discussed efforts to end Russia’s war in Ukraine. White House press secretary Karoline Leavitt told reporters that Takaichi would be nominating Trump for the Nobel Peace Prize.

The two leaders signed black “Japan is Back” baseball caps that resembled Trump’s own red “Make America Great Again” caps.

Reporters arriving for the meeting were hustled past a gold-hued Ford F-150 outside the Akasaka Palace, which is Tokyo’s guest house for visiting foreign leaders.

Trump has often complained that Japan doesn’t buy American vehicles, which are often too wide to be practical on narrow Japanese streets. But the Japanese government is considering buying a fleet of Ford trucks for road and infrastructure inspection.

They vow a ‘golden age’ for alliance and cooperation on critical minerals

Both leaders signed the implementation of an agreement for the “golden age” of their nations’ alliance, a short affirmation of a framework under which the U.S. will tax goods imported from Japan at 15% while Japan creates a $550 billion fund of investments in the U.S.

Later, at a dinner at the U.S. embassy in Tokyo packed with CEOs including Apple’s Tim Cook, Trump reveled in the deals. Trump and Takaichi also signed an agreement to cooperate on critical minerals and rare earths.

Trump has focused his foreign policy toward Asia around tariffs and trade, but on Tuesday he also spoke aboard the USS George Washington, an aircraft carrier docked at an American naval base near Tokyo. The president brought Takaichi with him and she also spoke as Japan plans to increase its military spending.

The president talked about individual units on the aircraft carrier, his political opponents, national security and the U.S. economy, saying that Takaichi had told him that Toyota would be investing $10 billion in auto plants in America.

Trump arrived in Tokyo on Monday, meeting the emperor in a ceremonial visit after a brief trip to Kuala Lumpur, Malaysia, for the annual summit of the Association of Southeast Asian Nations.

Trump is scheduled to leave Japan on Wednesday for South Korea, which is hosting the Asia-Pacific Economic Cooperation summit. Trump plans to meet with South Korean President Lee Jae Myung.

On Thursday, Trump is expected to cap off his Asia trip with a highly anticipated meeting with Chinese leader Xi Jinping. There were signs that tensions between the U.S. and China were cooling off before the planned meeting in South Korea. Top negotiators from each country said a trade deal was coming together, which could prevent a potentially damaging confrontation between the world’s two largest economies.

___

Megerian reported from Seoul, South Korea. Mayuko Ono and Mari Yamaguchi in Tokyo contributed to this report.

About the Authors
By Josh Boak
See full bioRight Arrow Button Icon
By Chris Megerian
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Asia

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Asia

Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
AsiaChina
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
By Nicholas GordonJuly 16, 2026
12 hours ago
tesla
Big TechTesla
Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find
By Bernard Condon and The Associated PressJuly 16, 2026
17 hours ago
Donald Trump looks at Xi Jinping and puts a hand on his arm.
Economysupply chains
Trump has tried to decouple from China, but ending U.S. reliance on the country would cost America nearly $14 trillion, EY warns
By Sasha RogelbergJuly 16, 2026
21 hours ago
h
AIRobots
‘Japan’s excellence is a philosophy, a way of life’: Jensen Huang wants robots to take care of an aging society with a labor shortage
By Yuri Kageyama and The Associated PressJuly 16, 2026
1 day ago
‘Criminalized for what’s on your bookshelf’: Hong Kong’s third bookstore raid this year
AsiaHong Kong
‘Criminalized for what’s on your bookshelf’: Hong Kong’s third bookstore raid this year
By Kanis Leung and The Associated PressJuly 16, 2026
1 day ago
Southeast Asia ‘has not really moved up the value chain’ and risks missing the AI boom, says Standard Chartered’s chief ASEAN economist
AsiaStandard Chartered
Southeast Asia ‘has not really moved up the value chain’ and risks missing the AI boom, says Standard Chartered’s chief ASEAN economist
By Angelica AngJuly 16, 2026
1 day ago

Most Popular

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
By Fortune EditorsJuly 15, 2026
2 days ago
Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google
Big Tech
Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google
By Mia OsmonbekovJuly 16, 2026
17 hours ago
26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave
Law
26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave
By Barbara Ortutay, Alexandra Olson and The Associated PressJuly 15, 2026
2 days ago
Trump's 'American Flag Blue' in the Lincoln Memorial pool is already gray — and the Olympic canoer 'vandal' is fighting his arrest
Politics
Trump's 'American Flag Blue' in the Lincoln Memorial pool is already gray — and the Olympic canoer 'vandal' is fighting his arrest
By Matthew Daly and The Associated PressJuly 16, 2026
1 day ago
JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree
Success
JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree
By Preston ForeJuly 16, 2026
22 hours ago
Current price of oil as of July 16, 2026
Personal Finance
Current price of oil as of July 16, 2026
By Joseph HostetlerJuly 16, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.