Trump personally controls US Japan negotiations, putting immense pressure on Japan! Recently, there has been a change in the US Japan trade negotiations, with Trump personally intervening and expanding the agenda from trade and investment to military spending and US military expenses in Japan, catching Japan off guard. 1. Sudden change in agenda, Japan is passive Japan originally planned to negotiate trade with the United States, but Trump suddenly joined and added the issue of military costs, demanding that Japan bear more costs for the US military stationed in Japan and increase defense spending, disrupting the pace of Japan's negotiations. 2. Double pressure, Japan is in a dilemma In terms of military spending, Trump demands that Japan raise its defense budget to 2% of GDP by 2027 and increase the cost sharing of US troops stationed in Japan; In terms of trade, pressure is being exerted on Japan to cancel the 25% car tariff, and Japan plans to invest in US projects to avoid retaliation. 3. The contradiction between rice tariffs is prominent The United States accuses Japan of imposing high tariffs on American rice, making it a key focus of negotiations, while Japan has long protected its own rice industry and is unwilling to make concessions easily. 4. Market and Future Trends Despite significant differences between the two sides, the market has responded positively. But Japan needs to choose between compromise and perseverance, and subsequent negotiations are full of uncertainty. BTC