Trump announces $550 billion investment deal with Japan
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The new U.S.-Japan trade deal lowers tariffs and strengthens economic ties, helping challenge China's regional aggression and instability.
That's down from the 25% levies he proposed earlier this month. Japan's prime minister says duties on autos from his nation will be cut to 15% from 25%.
Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."
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ABP News on MSN‘Don’t Repeat Japan, Vietnam’s Mistakes’: GTRI Urges India To Seek Written US Trade PactGTRI called for India to take a cue from the experiences of countries like Vietnam and Japan and insisted that India should ask for a jointly issued, written statement before acknowledging any deal.
Asia has designs on the blossoming Dallas-Fort Worth economy, with Japan positioning itself to be the tip of the spear.
The U.S. trade deal will further support improving economic fundamentals in Japan, which underpin our constructive equity positioning on the country.
Leaders of the European Union and Japan have launched an alliance aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face growing challenges from the United States and China.