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International Business Times UK
International Business Times UK
Politics
Jomar Teves

Trump and Takaichi Forge Rare Earths Deal to Bolster US-Japan Trade Power

Japan’s First Female Prime Minister Sanae Takaichi Channels UK's Margaret Thatcher While Shaping a New Political Identity (Credit: PMO of Japan)

US President Donald Trump and Japan's new prime minister Sanae Takaichi have signed a landmark agreement in Tokyo to strengthen cooperation on rare earths and critical minerals, marking a major step in the countries' effort to reduce reliance on China's mineral exports.

The meeting took place at the Akasaka Palace in Tokyo during Trump's three-day visit to Japan. It was Takaichi's first major summit since taking office and served as an opportunity to showcase her diplomatic strength. The deal focuses on securing supply chains for minerals essential to smartphones, electric vehicles, and fighter jets.

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