Trump’s tariff deal offers scant relief for Japan automakers
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Japanese trade minister Muto Yoji says Tokyo and Washington need to act swiftly to implement their recent tariff deal.
Here's what we know so far. THE DEAL In a post on Truth Social, Trump said the deal would include $550 billion of Japanese
The deal reduces tariffs on Japanese exports, including autos and auto parts, to15 percent, in exchange for Japanese investment and import commitments.
While Greer acknowledged that he had previously suggested a deal with New Delhi might be imminent, he emphasized the significant policy shifts that would be required from India.
Devoted fans of Asian cosmetics will often buy direct from Asia and wait weeks for their packages to arrive because the products typically cost less than they do in American stores. Rather than stocking up on their favorite sunscreens, lip tints and toners, some shoppers are taking a pause due to the tariff uncertainty.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
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Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.