european union, 15 tariff and trade deal
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Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.
Japan will invest $550 billion in the U.S. and allow the U.S. to tax Japanese goods sold in America at 15 percent.
The 15% tariff would be lower than previously threatened but remains a high duty on America’s largest trading partner.
Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."
President Donald Trump announced a trade agreement with Japan on Tuesday, making it the largest U.S. trade partner to broker an accord as the White House threatens to impose tariffs on dozens of countries within days.
President Donald Trump announced a sweeping new trade deal between the United States and European Union on Sunday.
Following the news of reduced tariffs on Japanese car imports as part of President Donald Trump’s new trade deal with Japan, automakers in the land of the rising sun have much to say about what went down and how it impacts their business.
President Trump and EU Commission President Ursula von der Leyen agree that they have a 50/50 chance of striking "the biggest deal ever" on US-EU trade today in Scotland. URSULA VON DER LEYEN: Our staff have done some of the heavy lifting,
Japan’s surprise trade deal with the US sent its markets on a wild ride, pushing stocks to all-time highs and fueling a selloff in government bonds.