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Trump announces trade deal with Japan

Trump announces trade deal with Japan

Perth Now4 days ago
US President Donald Trump has announced a trade deal with Japan he says will result in Japan investing $US550 billion ($A842 billion) into the United States and pay a 15 per cent reciprocal tariff.
In a post on Truth Social, Trump added that Japan will open to trade for cars, trucks, rice and certain agricultural products, among other items.
"This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan," he said.
Trump's announcement follows a meeting with Japan's top tariff negotiator, Ryosei Akazawa, at the White House on Tuesday, according the Asahi newspaper.
The newspaper also reported that Akazawa held meetings with US Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent.
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Donald Trump says Thailand and Cambodia agree to ceasefire talks after border clashes
Donald Trump says Thailand and Cambodia agree to ceasefire talks after border clashes

ABC News

time5 minutes ago

  • ABC News

Donald Trump says Thailand and Cambodia agree to ceasefire talks after border clashes

US President Donald Trump says he has spoken to the leaders of Cambodia and Thailand, who have agreed to meet immediately to quickly work out a ceasefire, as he sought to broker peace after three days of fighting along their border. Thailand's acting prime minister, Phumtham Wechayachai, thanked Mr Trump and said Thailand "agrees in principle to have a ceasefire in place" but "would like to see sincere intention from the Cambodian side". He said he asked Mr Trump "to convey to the Cambodian side that Thailand wants to convene a bilateral dialogue as soon as possible to bring forth measures and procedures for the ceasefire and the eventual peaceful resolution of the conflict". The acting prime minister was responding in a Facebook post to a series of Truth Social posts Mr Trump made during a visit to Scotland. Mr Trump said he had also spoken to Cambodian Prime Minister Hun Manet. He said he warned both leaders he would not make trade deals with either if the border conflict continued. "Both Parties are looking for an immediate Ceasefire and Peace," Mr Trump wrote as he gave a blow-by-blow account of his diplomatic efforts. More than 30 people have been killed and more than 130,000 people displaced in the worst fighting between the South-East Asian neighbours in 13 years. Before Mr Trump spoke to the two leaders, Thai-Cambodian border clashes persisted into a third day and new flashpoints emerged as both sides said they had acted in self-defence in the dispute and called on the other to cease fighting and start negotiations. He offered no details on the ceasefire negotiations he said Thailand and Cambodia had agreed to hold. The White House did not immediately respond to questions on the timing and venue for ceasefire talks and the Thai and Cambodian embassies in Washington also did not immediately respond. There were clashes early on Saturday, both sides said, in the Thai coastal province of Trat and Cambodia's Pursat Province, a new front more than 100 kilometres from other conflict points along the long-contested border. The countries have faced off since the killing of a Cambodian soldier late in May during a brief skirmish. Troops on both sides of the border were reinforced amid a full-blown diplomatic crisis that brought Thailand's fragile coalition government to the brink of collapse. As of Saturday, local time, Thailand said seven soldiers and 13 civilians had been killed, while Cambodia said five soldiers and eight civilians had been killed. Mr Trump's direct involvement followed US calls for restraint on both sides. He said he spoke to each leader and relayed messages back and forth. "They have agreed to immediately meet and quickly work out a Ceasefire and, ultimately, PEACE!" Mr Trump wrote, saying both countries wanted to get back to the "Trading Table." He has sought to reach separate deals with dozens of countries by August 1 in response to his announcement of wide-ranging tariffs on imports to the US. "When all is done, and Peace is at hand, I look forward to concluding our Trading Agreements with both!" Mr Trump said. Malaysian Prime Minister Anwar Ibrahim, chair of the ASEAN regional bloc, said he would continue to push a ceasefire proposal. Cambodia has backed the Malaysian prime minister's plan, while Thailand has said it agreed with it in principle. Thailand's UN ambassador told a Security Council meeting on Friday that soldiers had been injured by newly planted land mines in Thai territory on two occasions since mid-July, claims Cambodia has strongly denied, and said Cambodia had then launched attacks on Thursday morning. On Saturday, Cambodia accused Thailand of "a deliberate, unprovoked, and unlawful military attack" and said "military preparations reveal Thailand's intent to expand its aggression and further violate Cambodia's sovereignty". It called for the international community to condemn Thailand's "aggression" and prevent an expansion of its military activities, while Bangkok said it wanted to resolve the dispute bilaterally. South-East Asia expert Gregory Poling of Washington's Center for Strategic and International Studies said it would be positive if Mr Trump could help speed up ceasefire talks, but cautioned: "Neither Cambodia nor Thailand — or their publics — will appreciate the threat to weaponise trade to make it happen. And if they do reach a ceasefire and either or both still don't get a trade deal before August 1, they are likely to view it as a US betrayal." Thailand and Cambodia have bickered for decades over undemarcated points along their 817 kilometre land border, with ownership of the ancient Hindu temples Ta Moan Thom and the 11th-century Preah Vihear central to the disputes. Preah Vihear was awarded to Cambodia by the International Court of Justice in 1962, but tension escalated in 2008 after Cambodia attempted to list it as a UNESCO World Heritage site, and skirmishes over several years brought at least a dozen deaths. Cambodia said in June it had asked the court to resolve its disputes with Thailand, which says it has never recognised the court's jurisdiction and prefers a bilateral approach. Reuters

Cambodia and Thailand agree to ceasefire talks after days of cross-border fighting
Cambodia and Thailand agree to ceasefire talks after days of cross-border fighting

9 News

time34 minutes ago

  • 9 News

Cambodia and Thailand agree to ceasefire talks after days of cross-border fighting

Your web browser is no longer supported. To improve your experience update it here Trump said earlier in the weekend that he had spoken with both Cambodian Prime Minister Hun Manet and acting prime minister of Thailand Phumtham Wechayachai in his efforts to restore peace. He also said he looked forward to concluding trade agreements with both nations, "once peace is at hand". The leaders of Cambodia and Thailand have agreed to meet for ceasefire talks after days of cross-border violence. (CNN) "Both Parties are looking for an immediate Ceasefire and Peace," Trump wrote. "They are also looking to get back to the "Trading Table" with the United States, which we think is inappropriate to do until such time as the fighting STOPS. "They have agreed to immediately meet and quickly work out a Ceasefire and, ultimately, PEACE!" In the early hours of Sunday morning (local time), Hun Manet thanked Trump and said that Cambodia agreed with "the proposal for an immediate and unconditional ceasefire between the two armed forces." It added that he had previously called for a ceasefire to ASEAN chair and Malaysian Prime Minister Anwar Ibrahim. A statement from Thailand's Ministry of Foreign Affairs was more measured, saying that Wechayachai wished to see "sincere intention from the Cambodian side" – but that he had also "requested President Trump to convey …that Thailand wants to convene a bilateral dialogue as soon as possible to bring forth measures and procedures for the ceasefire and the eventual peaceful resolution of the conflict." Bangkok and Phnom Penh have been fighting over territory disputed since colonial power France drew the border between them more than a century ago. The renewed deadly conflict pits longtime US ally Thailand, with decades of experience, against Cambodia's relatively young armed force with close ties to China. Clashes have continued into Saturday, according to officials on both sides. World Thailand War Cambodia Donald Trump CONTACT US Auto news: Why Australians are still driving around without insurance.

Trump calls for a ceasefire between Thailand and Cambodia
Trump calls for a ceasefire between Thailand and Cambodia

Sky News AU

time35 minutes ago

  • Sky News AU

Trump calls for a ceasefire between Thailand and Cambodia

US President Donald Trump is attempting to broker a ceasefire between Thailand and Cambodia. He has spoken to leaders from both nations and says they have agreed to peace talks. Malaysia has also called for a ceasefire between the neighbouring nations. Both countries have stated that they acted in self-defence and called on the other to cease fire and initiate negotiations. More than 30 people have been killed, and more than 130,000 people have been displaced in the worst fighting between the south-east Asian neighbours in 13 years.

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