Oct 28, 2025, 4:02 PM

Trump, Japan Takaichi sign deal to secure rare earths supply

Trump, Japan Takaichi sign deal to secure rare earths supply

TEHRAN, Oct. 28 (MNA) – US President Donald Trump has met Japan’s first female prime minister, Sanae Takaichi, in Tokyo, welcoming her pledge to accelerate a military buildup and signing deals on trade and critical minerals.

Trump on Tuesday lavished praise on Takaichi, saying she would be a “great” leader, while the prime minister said she planned to nominate the US president for a Nobel Peace Prize, according to the White House.

Takaichi – a close ally of Trump’s friend and golfing partner, late Japanese Prime Minister Shinzo Abe – is also expected to offer a package of US investments under a $550bn deal agreed on this year, the Reuters news agency reported.

This included shipbuilding and increased purchases of US soya beans, natural gas and pick-up trucks, the agency reported, citing sources familiar with the talks.

Those gestures may temper any Trump demands for Tokyo to spend more on defending islands from an increasingly assertive China, which Takaichi sought to head off by pledging last week to fast-track plans to increase defense spending to 2 percent of gross domestic product (GDP).

“It’s a very strong handshake,” Trump said, as the pair posed for photos at the Akasaka Palace in downtown Tokyo.

“Everything I know from Shinzo and others, you will be one of the great prime ministers. I’d also like to congratulate you on being the first woman prime minister. It’s a big deal,” Trump told Takaichi as the pair sat down for discussions with their delegations.

Takaichi gifted Trump Abe’s putter, a golf bag signed by Japanese major winner Hideki Matsuyama, and a gold-leaf golf ball, according to photos posted on X by Trump’s assistant, Margo Martin.

MNA

News ID 238169

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