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

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.

Ishiba will be the second foreign leader – following Israeli Prime Minister Benjamin Netanyahu – to meet face-to-face with Trump since the president’s second inauguration on January 20.

Seoul South Korea - When Japanese Prime Minister Shigeru Ishiba meets with US President Donald Trump at the White House on Friday his goal accordin

Prime Minister Shigeru Ishiba is planning to ask U.S. President Donald Trump to visit Japan this year when they hold a summit in Wash

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.

Japan’s Ishiba hopes to deepen security ties with US in first meeting with Trump Japanese Prime Minister Shigeru Ishiba is set to hold his first summit meeting with United States President Donald Trump in Washington.