Japan, Trump and trade deal
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View PDF After more than three months of formal negotiations and many more months of speculation about the Trump administration’s trade and economic policy toward Japan, Washington and Tokyo have agreed to a trade deal.
President Donald Trump announced a new trade framework with Japan, boasting a staggering USD 550 billion investment in the US. However, details remain under negotiation, and it's uncertain if this represents new or existing investments.
Mireya Solís discusses how ‘Trump 2.0’ unleashed reciprocal/sectoral tariffs, weaponized national security, and recast tariffs as public-goods fees. She also examines stalled U.S.–Japan talks and urges Tokyo to diversify.
The White House has yet to release official details on the Japan trade deal. President Trump said Japan will open its markets to U.S. goods, including cars, trucks and agricultural products. However, U.S. exporters note that many barriers to selling in Japan go beyond what trade deals can address.
US-Japan strike major trade deal cutting tariffs and pledging $550B investment in US supply chains and key industries.
The agreement is a major step in Trump's plan to shake up global trade, which he says was weighted against America.
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