Trump announces Japan tariff deal
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14mon MSN
Trump Seeks Even Higher Tariffs: 'Between 15 Percent and 50 Percent' on Imports From All Countries
President Donald Trump said on Wednesday that "we'll have a straight, simple tariff of anywhere between 15% and 50%." Hiking the baseline reciprocal tariff rate to 15 percent means a 50 percent higher tax on American manufacturers and consumers than Trump originally promised.
Japan will import more rice from the United States but within the existing tariff-free quota, Prime Minister Shigeru Ishiba said on Wednesday, stressing Tokyo's success in protecting the agricultural sector in agreeing a bilateral trade deal.
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2don MSN
Japan PM Ishiba denies reports saying he may resign soon, says he wants to oversee U.S. tariff deal
Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.
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