Trump’s Japan trade deal rattles U.S. automakers
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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
Investors, finally having some good news, seemed to largely ignore thorny questions about the details of the trade deal, let alone the tenuous position of Prime Minister Shigeru Ishiba following a recent election setback.
On his own terms, it could now be said that the aggressive approach by the US President is yielding tangible results.
Japan's top tariff negotiator, Ryosei Akazawa, met with U.S. President Donald Trump at the White House on Tuesday, the Asahi newspaper reported on Wednesday.
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Japan could be in a weaker position in trade talks after Ishiba's upper house defeat, experts say
Japan's embattled prime minister Shigeru Ishiba, fresh off a crushing defeat in upper house elections over the weekend, will not be in a position of strength to negotiate a favorable trade deal with the U.S., analysts said.