A heightened sense of risk and opportunity is building in Japanese markets on Friday as Prime Minister Shigeru Ishiba prepares for his first meeting with President Donald Trump.

Tokyo stocks fell Friday, as exporters were sold after the yen hit a two-month high against the U.S. dollar and caution weighed ahead

Tokyo has been scrambling for ways to placate the U.S. leader, and head off any dust-up between the allies during Friday’s meeting.

U.S. President Donald Trump will meet Japanese Prime Minister Shigeru Ishiba for the first time on Friday as two allies wary of China's rise work to boost business and security ties while an escalating trade war threatens to rupture the global economy.

Japanese Prime Minister Shigeru Ishiba jetted off to the U.S. Thursday to discuss a changed security and economic landscape in Asia ushered in by the newly inaugurated President Donald Trump.

Trump put a 10 per cent tariff on all imports from China in what he called an opening salvo in a clash between the world's two largest economies

Prime Minister Shigeru Ishiba will go to the White House to try to rekindle Japan’s relationship with President Donald Trump — and to fend off potential tariffs.

Japanese Prime Minister Shigeru Ishiba will likely proceed cautiously in his first meeting with President Donald Trump on Friday as he seeks to avoid economic fallout from tariffs and reaffirm his country’s security alliance with the US.

When Japanese Prime Minister Shigeru Ishiba meets with U.S. President Donald Trump at the White House on Friday, his goal, according to Japanese officials, will be straightforward: reaffirm the U.S.-Japan alliance and build a strong rapport with Trump.