Japan’s PM Says No Plans to Renegotiate $550 Billion Investment Deal With the U.S.

Japanese Prime Minister Sanae Takaichi said on Saturday that she has no plans to renegotiate the $550 billion investment package signed with the United States.

Speaking to reporters at the end of a week of diplomatic engagements — including a summit with U.S. President Donald Trump — Takaichi said, “I believe that even if the prime minister changes, agreements made between governments should remain unchanged.”

She declined to comment on South Korea’s recent trade deal with the United States, noting that its details have not yet been made public.

Before taking office last month, Takaichi had said that if any part of the agreement appeared unfair or detrimental to Japan’s national interests, Tokyo might consider reopening tariff discussions with Washington.

A hardline conservative, Takaichi became Japan’s first female prime minister, breaking the country’s political glass ceiling while steering Japan toward a more right-leaning course.

During her visit to Gyeongju, South Korea, she attended the annual Asia-Pacific leaders’ meeting, where she met with Chinese President Xi Jinping and South Korean President Lee Jae-myung.

Takaichi said on Saturday that she and Xi agreed on the importance of building a stable and constructive relationship between Japan and China.