Trump agrees US-EU trade deal avoiding tariff war
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The U.S. is significantly reliant on the Taiwanese company for advanced chip manufacturing, raising concerns due to its proximity to China.
After months of negotiations and temporary extensions, President Donald Trump’s global tariff policy is set to take effect Aug. 1. The administration has finalized agreements with several countries, including Japan and the United Kingdom,
US stocks rose Monday and the Dow was poised to hit its first record high of the year as investors welcomed the announcement of a trade deal between Washington and Brussels.
Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.
President Donald Trump said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the U.
View PDF After more than three months of formal negotiations and many more months of speculation about the Trump administration’s trade and economic policy toward Japan, Washington and Tokyo have agreed to a trade deal.
Global shares have rallied, with Tokyo's benchmark Nikkei 225 index finishing 3.5% higher after Japan and the U.S. announced a deal on President Donald Trump's tariffs.
America is now poised to dominate liquified natural gas (LNG) exports to Japan, which is the world’s second-largest purchaser of LNG. Since the US sits on one of the world’s largest natural-gas deposits, this is a win-win for both nations.
The euro rose on Monday following a framework trade deal reached over the weekend between the United States and the European Union.