Trump Says Hopeful U.S. Will Trim Trade Deficit With Japan Soon

By Kitco News / April 18, 2018 / www.kitco.com / Article Link

PALM BEACH, Fla. (Reuters) - President Donald Trump struck a hopeful note about U.S. trade with Japan on Wednesday at a lunch with the Asian nation’s prime minister, Shinzo Abe, saying he thought the United States would soon be able to trim its trade deficit with the country.

“We have a very big deficit and we’re going to weed that down, hopefully get our balance at some point in the not-too-distant future,” Trump said at a photo opportunity before the meal, which he said would focus on trade. Trump was flanked by Vice President Mike Pence and the White House’s economic director Larry Kudlow.

“We will I believe at the end of a very short period of time be able to do certain things. I know they’re ordering large numbers of airplanes ... in the tens of billions of dollars.”

Reporting by Steve Holland; Writing by Lisa Lambert; Editing by Lisa Shumaker

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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