Japan, Trump and Tariff
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US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade deals, avoiding a worst-case scenario of extraordinarily high tariffs and enabling the resilient economy to continue chugging along.
The Japanese government, not companies, is poised to back U.S. infrastructure projects of the president’s choosing.
4hon MSN
The post Trump Seeks Even Higher Tariffs: 'Between 15 Percent and 50 Percent' on Imports From All Countries appeared first on Reason.com.
Asian shares rallied on Wednesday, with Tokyo’s benchmark Nikkei 225 index up 3.5% after Japan and the U.S. announced a deal on President Donald Trump’s tariffs. The agreement as announced calls for a 15% import duty on goods imported from Japan,
He’s a wheeler-dealer, our president, needless to say, and he’s kind of cutting these deals — but he has scared these people, and he’s leveraged American bargaining
President Donald Trump suggested that he could send out rebate checks to U.S. citizens, directly distributing revenue raised from tariffs. When asked if he would consider tariff rebate checks, Trump said he was “thinking about that,
The president imposed tariffs on Japan, one of America’s closest allies, that would have been alarming just months ago. And markets went up.
On his own terms, it could now be said that the aggressive approach by the US President is yielding tangible results.
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