President Donald Trump this week announced that he had cut a deal with Japan that would lower tariffs on Japanese cars to 15%, which was a cut from the 25% tariffs that he’d originally placed on them. However, many of the parties whom Trump claimed he was trying to help are not happy with the deal, including major automakers and …
Read More »Trump’s ‘massive’ deal with Japan is giving US automakers heartburn Politico Japan trade deal info on Trump’s desk was altered by hand with a marker CNBC South Korea Weighs US Investment Pledge to Trim Auto Tariff Bloomberg.com Fact Sheet: President Donald J. Trump Secures Unprecedented U.S.–Japan Strategic Trade and Investment Agreement The White House (.gov) Trump announces ‘massive’ trade agreement with Japan CNN Source link
Read More »WASHINGTON (AP) — U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. “We need to review all the details of the agreement, but this is a deal that will charge lower tariffs on …
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