The Smart Money Copper Trade

Pros front run catalysts. This project checks grade, jurisdiction, and runway. Polymetallic upside, expanding footprint, and steady results can attract institutions fast as copper tightens. Study this trade idea while the story is still early.

Ford's enormous F-150 becomes unlikely part of Japan's efforts to woo Trump

MARI YAMAGUCHI
October 28, 2025

TOKYO (AP) -- Japan's most iconic truck might be the tiny white transport vehicles that farmers use to lug gear on the narrow roads that link their rice fields.

But Japanese Prime Minister Sanae Takaichi had another truck in mind as she looked to build rapport with visiting U.S. President Donald Trump.

Takaichi, who wants to improve economic ties with Washington and cement a strong relationship with Trump, placed U.S.-made cars, including an enormous American Ford F-150 truck, in the courtyard of the Akasaka Palace where the leaders held their first talks Tuesday.

Trump, who is a fan of the Ford F-150, has responded positively to the possibility that the Japanese government is considering buying dozens of the pickups.

Trump has complained that there are hardly any American cars in Japan and that the country's vehicle safety standards are too strict.

But the lack of big American automobiles might be linked to more practical reasons, including local tastes, the conditions and size of roads, and marketing.

The trucks may be too big for Japanese roads

Japan is smaller than California, there is limited parking and many streets here are very narrow.

Consumers seem to prefer compact or mini cars that can easily navigate the crowded, narrow roads. Those who can afford more expensive foreign cars tend to go for compact or medium-size vehicles from Europe, such as Mercedes-Benz, BMW, Volkswagen and Audi.

Except for American-produced Japanese cars such as Honda, Mazda and Nissan, the top-selling American brand is Jeep, according to the Japan Automobile Importers Association.

Many American cars have their steering on the left side, the opposite of the standard right-side steering in Japan, where expressway tolls are on the right side, for instance. Lower mileage and lack of maintenance and service networks also help explain why American brands except for Jeep have struggled in Japan.

"Why don't American cars sell well in Japan? Because they lack understanding for road conditions and housing situations, as well as energy conservation," former Prime Minister Shigeru Ishiba told parliament in April.

Trump loves the idea, but it's unclear how Japan will respond

When Trump heard of the Ford truck idea as he flew to Asia on Air Force One, he reacted enthusiastically.

"She has good taste," Trump told reporters of Takaichi. "That's a hot truck."

The underlying context is Takaichi's need to figure out how to navigate the complex trade relationship that Trump shook up earlier this year with tariffs.

Trump wants allies to buy more American goods and also make financial commitments to build factories and energy infrastructure in the United States.

Japan's previous administration agreed in September to invest $550 billion in the U.S., which led Trump to trim a threatened 25% tariff on Japanese goods to 15%. But Japan wants the investments to favor Japanese vendors and contractors.

In Japan, sport utility vehicles and are becoming popular among people with families and for outdoor activities such as camping, but buyers often go for more stylish, smaller models.

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