According to the US president, the deal involves $550 Bn in Japanese investments and expanded market access for American cars, rice, and other agricultural goods.
Trump hailed the deal Thursday as a 'huge win' for US automakers, tech, workers & farmers, as threatened tariffs on Indonesian goods drop to 19% from 32%.
The EU & Mexico, both among the largest US trading partners responded by calling the tariffs unfair & disruptive while pledging to continue to negotiate with the US.
US President Trump has broadened his trade war in recent days, setting new tariffs on a number of countries, including allies Japan and South Korea, along with a 50% tariff on copper.
According to Canada's finance ministry, PM Carney & US President Trump will resume trade negotiations by 21 July after Trump called off talks over the tax labelling it a 'blatant attack'.
China wants international shippers of meat and soybeans to attest that their cargo meets safety standards, a requirement companies are wary of for fear of liability.
New Delhi is chuffed over the positive reports from envoys who visited J&K. What the government needs now is a Modi-Trump hug to take care of anti-CAA protest images.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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