european union, Trump and EU-US
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Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.
Japan will invest $550 billion in the U.S. and allow the U.S. to tax Japanese goods sold in America at 15 percent.
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."
President Donald Trump announced a sweeping new trade deal between the United States and European Union on Sunday.
President Trump and EU Commission President Ursula von der Leyen agree that they have a 50/50 chance of striking "the biggest deal ever" on US-EU trade today in Scotland. URSULA VON DER LEYEN: Our staff have done some of the heavy lifting,
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.
Japan’s surprise trade deal with the US sent its markets on a wild ride, pushing stocks to all-time highs and fueling a selloff in government bonds.
The Japanese government, not companies, is poised to back U.S. infrastructure projects of the president’s choosing.