The Financial Times has reported that the United States and Japan are facing what could be one of the most significant crises in their long-standing alliance. According to the article, the issues between the two nations go beyond trade disagreements, potentially impacting the security dynamics in the Asia, Pacific region. The report suggests that the situation is a result of President Donald Trump’s perceived transactional approach to international relations and Japan’s request for full tariff exemptions. The article also mentions that senior officials from both sides have raised concerns about the fundamental fragility of the relationship, indicating that the tensions could result in an era-defining reset.