US President Donald Trump announced on Tuesday that the United States and Japan had achieved a trade agreement that includes a 15 % tariff to be deposited on goods imported from Japan to the US.
The agreement would include $ 550 billion in Japanese investments in the United States, Trump said in a Social Truth, adding that Japan would increase access to American car manufacturers, trucks, rice and some agricultural products.
However, the US President did not mention the release of tariffs to Japanese cars that represent more than a quarter of all country exports to the United States and are subject to 25% of the tariff.
“We Just Completed and Massive Deal with Japan, Perhaps The Largest Deal Ever. ASYTHING LIKE IT.
“Japan pays mutual tariffs to the United States 15%. It’s a very exciting time for the United States, and especially for having a great relationship with the Japanese country. Thank you for your attention!”
Trump’s announcement follows the meeting with the best Japanese negotiator of Ryosei Akazawa in the White House on Tuesday, according to the person who is known with this matter.
Japanese cars are rising
Trump Trump’s business agreement announcement pushed higher shares in Japan higher, led by large car profits such as Honda, Toyota and Nissan-Z, which all increased by 6% or more-class American capital futures also gained land.
Car manufacturers’ manufacturers on the Topix index have gained up to 5.7%, which is the largest progress between 33 industrial groups, Bloomberg said.
Nikkei Rally continues
Given that automobile shares gained land, Japanese shares led on Wednesday Asian stock rally. The hopes for more shops and compensation of US earnings were essential in eraseing investors’ concerns, while Japanese Nikkei grew up to 1.7%and went to the automatic assembly.
(Tagstotranslate) Trade Agreement (T) Donald Trump (T) USA Imports
