Japan, Trump and trade deal
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U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors,
Japan has agreed to a $550 billion investment package with the United States aimed at strengthening critical supply chains, particularly in semiconductors, as part of a broader tariff reduction deal.
The right-wing populist party Sanseito made big strides in parliamentary elections in Japan, capitalizing on concerns about the economy, immigration and overtourism.
President Donald Trump says that Japan has given him $550 billion to invest in the United States. It’s an astonishing figure, but still subject to negotiation and perhaps not the sure thing
President Trump’s new levies, which have pushed the country’s tariffs to their highest levels in decades, are typically paid by importers when goods reach U.S. ports. So there is little mystery about who makes that first payment.
With Donald Trump's punitive tariffs against Brazil poised to take effect within days, Latin America's largest economy is bracing for a virtual embargo on its planes, grains, and crude oil.