Trump announces U.S. deal with EU to impose 15% tariff
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President Trump said on Tuesday that the trade deal he struck with one of America’s closest allies would impose a 15 percent tariff on Japanese exports.
Stock markets rose in Europe and Asia on Monday after the European Union and United States hammered out a deal to avert a potentially damaging trade war.
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.
After months of fraught negotiations with the United States, Japan clinched a deal just days before punitive tariffs were scheduled to take effect.
Shares of General Motors , Ford Motor , and Jeep-maker Stellantis , some of the biggest automakers in the U.S., rallied on Wednesday after news of a trade deal that will reduce tariffs on imported Japanese cars,
Commerce Secretary Howard Lutnick revealed to the Daily Caller how he negotiated a massive trade deal with Japan on behalf of the Trump administration. President Donald Trump announced on Wednesday via Truth Social that his administration had secured a trade deal with Japan,
President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.