Keio University's Watanabe on Trump's Japan Visit

The video discusses the trade dynamics between the US and Japan, focusing on the impact of the yen's value and the broader trade issues involving Donald Trump and Shinzo Abe. It highlights the importance of distinguishing between free trade and managed trade, especially in the context of the US withdrawing from the TPP. The video also emphasizes the strong US-Japan alliance, particularly in relation to North Korea, and the strategic message this sends to China.

What is the significance of the yen's performance since March in the context of US-Japan trade relations?

• It suggests a potential shift in trade dynamics between the US and Japan.

• It indicates a weakening of the Japanese economy.

• It highlights the impact of US policies on global currencies.

• It shows the stability of the yen despite global trade tensions.

What is a key difference between free trade and managed trade?

• Free trade is only applicable to certain countries.

• Free trade involves high tariffs, while managed trade does not.

• Managed trade focuses on balancing trade accounts, unlike free trade.

• Managed trade eliminates all duties and tariffs.

Why is the US withdrawal from the TPP significant for Japan?

• It reduces Japan's influence in the Asia-Pacific region.

• It forces Japan to seek new trade partners.

• It opens the door for a bilateral trade agreement with the US.

• It strengthens Japan's position in the TPP.

What is one of the main diplomatic goals of the US and Japan in their alliance?

• To isolate China from global trade.

• To dominate the global technology market.

• To project strong ties and unity in the Asia-Pacific region.

• To reduce military presence in Asia.

How does the trade issue influence the US-Japan alliance in the Asia-Pacific region?

• It plays a crucial role in strengthening their diplomatic presence.

• It weakens the alliance by creating economic tensions.

• It leads to increased competition between the two countries.

• It has no impact on their diplomatic relations.