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.
GTRI warns India to be cautious in US trade negotiations, citing discrepancies in agreements with Vietnam and Japan.
India must proceed with caution in its trade talks with the US, drawing lessons from countries like Vietnam and Japan, economic think tank GTRI said on Sunday.
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.
(Reuters) -Businesses making everything from chips to steel reported downbeat results on Wednesday, with U.S. President Donald Trump's trade war inflicting damage even as Japan's deal lifted stocks and hopes that Europe can clinch a similar agreement.
4don MSN
Japanese Prime Minister Shigeru Ishiba has again denied reports that he plans to resign after his party's historic election defeat