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arrived in Japan for a state visit that will make him the first world leader to meet the country’s new emperor.
Trump and first lady Melania Trump arrived Saturday aboard Air Force One after a 14-hour journey. The president was h
eading to a dinner with business leaders at the US Ambassador’s residence in Tokyo after a brief airport welcome.
The visit is part of a continuing charm offensive by Japanese Prime Minister Shinzo
Abe that analysts say has spared Japan from far more debilitating retaliatory action by Trump.
The president has refused to lift the threat of slapping potentially devastating US
tariffs on imports of Japanese autos and auto parts on national security grounds.
US tariffs against Japanese aluminum and steel remain.
China’s consumer price index (CPI), the main gauge of inflation, gr
ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.
The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru
ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.
NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros
e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.
Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.
Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose
0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.