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Trump, Japan’s Takaichi sign deal to secure rare earths supply

Trump, Japan’s Takaichi sign deal to secure rare earths supply

Summary

President Donald Trump and Japan's Prime Minister Sanae Takaichi met in Tokyo and signed an agreement to secure the supply of critical minerals and rare earths. This deal aims to reduce reliance on China for these important materials. They also discussed trade and military cooperation.

Key Facts

  • President Trump and Japan's Prime Minister Takaichi met in Tokyo.
  • They signed a deal to secure the supply of critical minerals and rare earths.
  • The deal aims to reduce dependence on China for these materials, which are used in many products like smartphones and jet fighters.
  • Takaichi pledged to increase Japan's defense spending to 2% of its GDP.
  • Trump praised Takaichi and mentioned her plans to nominate him for a Nobel Peace Prize.
  • The agreement includes projects on permanent magnets, batteries, and other important materials.
  • Trump plans to visit a US naval base in Yokosuka near Tokyo and meet business leaders before traveling to South Korea.
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