Japan, Trump and trade deal
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Japan's chief negotiator reached an agreement with U.S. Commerce Secretary Howard Lutnick in mid-June on a deal offering massive Japa
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.
Japan will buy 100 Boeing aircraft and boost US defense equipment purchases under a new trade deal announced by the Trump administration.
Asian shares are higher, buoyed by optimism that the U.S.-Japan tariff agreement will be followed by more trade deals
The United States, riding a tariff wave launched by President Donald Trump, has concluded a trade agreement with Japan, the fourth largest economy in the
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.