From CNN’s Jeremy Diamond
Speaking Monday morning from the US embassy in Japan, President Trump criticized the host country’s trade practices, arguing the US-Japan trade relationship “is not fair and it’s not open.”
“We want fair and open trade but right now our trade with Japan is not fair and it’s not open,” Trump said. “Right now our trade with japan is not free and it’s not reciprocal.”
Delivering remarks to a small group of top US and Japanese business leaders, Trump stressed the importance of renegotiating the terms of the trading relationship, which Trump slammed as lopsided.
But he also expressed optimism that those negotiations would help rebalance the relationship
“We’ve started the process and it’s gone on for a long time, but I know that we will be able to come up with trade deals and trade concepts that will be fair to both countries and actually will be better for both countries,” Trump said.