Trump slammed Japan for having a substantial edge over the US on trade as tensions simmer

Get the Full StoryJonathan Ernst Reuters

President Donald Trump said Japan had a "substantial edge" over the US on trade while speaking to business leaders in Tokyo.

Trade tensions between both countries are simmering amid the US and China's back-and-forth tariffs on each other's goods.

Trump and Japanese Prime Minister Shinzo Abe are expected to address trade during more formal talks on Monday, but officials have downplayed the possibility of them striking a deal.

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TOKYO Reuters - U.S. President Donald Trump urged Japanese business leaders on Saturday to increase their investment in the United States while he chided Japan for having a "substantial edge" on trade that negotiators were trying to even out in a bilateral deal.

Trump arrived in Japan on Saturday for a largely ceremonial state visit meant to showcase strong ties even though trade relations are problematical. In the evening, the Tokyo Sky Tree tower was lit up red, white and blue in Trump's honor.See the rest of the story at Business InsiderSee Also:Share your opinion become a BI Insider!The 10 highest-grossing movies of all time, including 'Avengers: Endgame'Trump and Iran may be on the brink of a war that would likely be devastating to both sidesSEE ALSO: 'He will not go to sleep': White House staffers reportedly dread foreign trips with Trump aboard Air Force One, where he holds meetings at odd hours and constantly watches Fox News

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