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New Terms of U.S.–Japan Economic Security Cooperation: A Trump Reset?

In: Law & Geoeconomics
Authors:
Mireya Solís PhD, The Brookings Institution Washington DC United States

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https://orcid.org/0009-0004-9901-2788
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Saori N. Katada PhD, University of Southern California Los Angeles United States

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https://orcid.org/0000-0002-1030-4222
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Abstract

This paper discusses how economic security has become a central issue-area in U.S.–Japan relations. The bilateral cooperation between these two large and technologically advanced economies constitutes a vital component of collective resilience. Facing the shifting geopolitical ground under the second Trump administration, Japan is actively retooling its economic security strategies, finding both areas to deepen its relationship with the United States and at the same time grappling with a less reliable partner. On the one hand, Japan’s build-up of strategic indispensability could help address U.S. needs and enhance Japan’s leverage. On the other hand, due to the Trump administration’s unilateral actions, the Japanese government faces greater challenges in building collective resilience amongst the “like-minded.” Japan has to aim for economic security in an ever more anarchic world, where the great powers are not willing to pitch in to provide (and abide by) a global economic order.

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