Word: kaifu
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...other heads of state attending the summit are: West German Chancellor Helmut Kohl, British Prime Minister Margaret Thatcher, Canadian Prime Minister Brian Mulroney, French President Francois Mitterand,Japanese Prime Minister Toshiki Kaifu, ItalianPrime Minister Giulio Andreotti and President ofthe European Economic Community Jacques Delors...
...Foley was not the only politician negotiating with George Bush last week when the President made his dramatic turnabout. Bush was also engaged in last- minute telephone talks with Japanese Prime Minister Toshiki Kaifu on a long-range program to shrink America's $50 billion annual trade gap with Japan. Bush's statement on "increased tax revenues" produced a timely bonus: it met the principal Japanese demand that the U.S. bring down the federal deficit...
...days later, negotiators in Tokyo announced agreement on the awkwardly named Structural Impediments Initiative, which commits Japan to boost spending while the U.S. cuts debt. The agreement will permit Bush and Kaifu to enter next week's seven-nation economic summit in Houston having made progress not just on specific trade issues but also on ways to improve the basic economies of the two countries...
...political. A theory in Tokyo is that the U.S. acts as the opposition party in Japan, pushing the government toward market reforms that benefit Japanese consumers. Last week the process may have worked in reverse: as the Democrats in Congress were pushing George Bush toward taxes, perhaps Toshiki Kaifu gave a nudge...
Linn Williams, the U.S. deputy trade representative, called the agreement, which followed telephone consultations between Bush and Kaifu on Wednesday night, "something no two other countries have done before...