Japan, Donald Trump and Tariffs
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At Wednesday's summit, the EU and Japan are expected to reaffirm their commitment to a rules-based order, as both face trade disputes with the US, but the pair offer differing approaches to negotiations with the Trump administration.
U.S. President Donald Trump has announced a sweeping trade agreement with Japan, heralded as one of the largest trade deals in history.
The reaction of markets to the US trade deal with Japan shows yet again that if you presage bad news with even worse news you can make people pathetically grateful at the outcome.
Not even America’s long-time trade partners have been spared from tariffs, and deals with others could be coming soon, according to analysts who see China standing apart.
The European Commission plans to submit counter-tariffs on 93 billion euros (US$109 billion) of U.S. goods for approval to EU members.
As the tariff pause ends, the Trump administration should pivot to a more targeted and strategic policy that minimizes domestic harm.
US President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher tariffs on their exports to the United States.
The United States and Japan have reached a significant trade agreement reducing tariffs on Japanese goods and committing Japan to a $550 billion investment in the U.S. This trade deal, celebrated by President Trump and Japan's Ishiba,
Japanese Prime Minister Shigeru Ishiba on Wednesday denied media reports of his planned resignation, reiterating his intention to remain in office and emphasizing the need to swiftly address policy challenges,