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'.
A bad turn in Venezuela would raise the same questions that have dogged the unlawful US strikes against alleged drug boats in the Caribbean: Why now, and why at all?
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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