Japan Business Lobby Asks Trump to Boost U.S. Investments Together

22 Jan, 2025

Japan’s top business lobby, Keidanren, has urged the U.S. administration under President Donald Trump to create a business-friendly environment that encourages bilateral investment. Chairman Masakazu Tokura emphasized the importance of predictability and fostering confidence for businesses to invest in the United States.

Tokura’s remarks follow a recent decision by former President Joe Biden to block Nippon Steel Corp.’s $14.1 billion acquisition of United States Steel Corp. The move raised concerns among Japanese business leaders, as it set a rare precedent of blocking a takeover bid from an ally. Many fear this could discourage future Japanese investments in the United States due to potential politically motivated restrictions.

Japan has maintained strong commercial ties with the United States, with its direct investment ranking as the highest globally for five consecutive years. Tokura highlighted these ties as a testament to the mutually beneficial economic relationship between the two nations. He expressed a commitment to promoting ongoing Japanese investment, job creation, and economic growth in the U.S., further strengthening the bond between the countries.

Keidanren aims to support U.S. economic growth by fostering a collaborative business environment. Tokura’s appeal underscores the need for transparent policies and a consistent approach to investment regulations to avoid uncertainty for international investors. By reinforcing trust and cooperation, Keidanren hopes to enhance bilateral economic ties and sustain the robust investment relationship between Japan and the United States.

The statement from Japan’s business community reflects its dedication to deepening economic collaboration and addressing challenges posed by recent political decisions that may impact foreign investment dynamics.

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