US Edition
Trump’s Trade Deals Are a Tax on Americans
JAPAN, JUL 23 – The deal includes Japan's $550 billion investment in U.S. industries and a tariff cut on autos from 25% to 15%, projected to create hundreds of thousands of American jobs.
- Early this week, a photograph showed a trade deal card on Trump's desk was hand-altered, containing inconsistencies, Dan Scavino claimed.
- With the August 1 tariff deadline looming, the announcement came just days before, and Treasury Secretary Scott Bessent called it a "pretty hard deadline."
- President Trump announced a `massive` agreement that includes a 15% tariff rate and a $550 billion investment, with last-minute hand-altered deal terms noted on his desk.
- Following the announcement, stocks on Japan’s Nikkei index rallied and the yen leapt, with three of the four major banks gaining, as market reaction was positive.
- Looking ahead, analysts suggest the deal could spur similar agreements with the EU and China, both facing August tariff deadlines, while strengthening US strategic trade positioning.
71 Articles
71 Articles
US and Japan Enter New Trade Era with 15% Duty on Imports - Real News Now
This week, President Donald Trump revealed a new trade agreement, on this occasion, with Japan. The conditions set forward stipulate that Japanese imports will now incur a 15 percent duty upon their entry into the United States. The negotiations were intense; we had top-level engagement from both sides. According to the President, it’s a win-win deal for everyone. The United States had a total import of nearly $150 billion from Japan as of the p…
The United States will impose a 15% tariff on goods imported from Japan. On the 23rd, President Trump wrote on social media that the power of tariffs has made it easier for the United States to export to Japan...
Quote-unquote: A ‘massive deal’ and an ‘unprecedented attack’
Plus: WTO head stresses need for “deep reform.” Japan trade deal: Truth Social version. “We just completed a massive Deal with Japan, perhaps the largest Deal ever made. Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits. This Deal will create Hundreds of Thousands of Jobs -- There has never been anything like it. Perhaps most importantly, Japan will open their Country to Trad…
San Bernardino Sun
Trump’s trade deals are a tax on Americans
This week, President Donald Trump announced yet another trade deal, this time with Japan. As reported by Reason Magazine, “Under the terms outlined by Trump in a Truth Social post on Tuesday, imports from Japan will be subject to a 15 percent tariff when they enter the United States.” “They had their top people here, and we worked on it long and hard. And it’s a great deal for everybody,” Trump said on Tuesday. Is it? Americans imported nearly $…
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