U.S. and Japan Reach Trade Agreement
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The White House factsheet on the trade deal mentions that Japan will also buy 100 Boeing Co. planes as well as US defense equipment worth additional billions of dollars annually. Akazawa said both these pledges were based on existing plans by Japanese airlines and the government, respectively.
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.
Japan's trade agreement with the U.S. could serve as the benchmark for many other deals currently being negotiated with Washington, and the global economy could just about support the 15% level agreed overnight,
GTRI warns India to be cautious in US trade negotiations, citing discrepancies in agreements with Vietnam and Japan.
Japan will buy 100 Boeing aircraft and boost US defense equipment purchases under a new trade deal announced by the Trump administration.
Wall Street climbed Wednesday after President Donald Trump reached a trade deal with Japan and hopes rose for more agreements by August 1.
Investors in key sectors have already noticed: Toyota Motor Corp (TM), the American arm of the Japanese auto manufacturer, surged over 13% on Wednesday following the Japan trade deal announcement, climbing to its highest valuation since December of last year, a seven-month high.