$550 Billion Enigma at the Heart of Japan’s Trade Deal
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Wall Street climbed Wednesday after President Donald Trump reached a trade deal with Japan and hopes rose for more agreements by August 1.
The head of the opposition Constitutional Democratic Party of Japan has expressed concern over the trade deal struck recently between Japan and the United States.
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.
President Trump has announced a flurry of trade deals that will relieve some pressure on companies and consumers from sharply higher tariffs on imports from Japan and a handful of other Asian countries.