european union, Trump and trade deal
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Japan is playing down the risks from its deal after the White House said the U.S. would direct $550 billion in investments by Japan and keep 90% of the profit.
Japanese automakers breathed a sigh of relief after U.S. President Donald Trump finalized a trade agreement last week. However, the relief is tempered by intensifying competition, especially from China,
Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.
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Asianet Newsable on MSNEl-Erian Says Trump's Deals With EU, Japan Increase Pressure On China To Strike Its AgreementThe economist stated that China striking a deal with the U.S. is not only essential for its relationship with the United States, but also for its other trade partners.
Following the news of reduced tariffs on Japanese car imports as part of President Donald Trump’s new trade deal with Japan, automakers in the land of the rising sun have much to say about what went down and how it impacts their business.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
India is cautiously approaching trade negotiations with the US, observing complications in recent American deals with Japan, Indonesia, and Vietnam. Discrepancies exist between US and Japanese officials regarding investment profit allocation.