Japan and US agreed to 15% auto tariff according to NHK, citing Japan govt official.
NHK is Japan’s public broadcaster.
Meanwhile, Japan’s PM Ishiba:
- Decline to comment on negotiation details
- Can’t say until I scrutinise outcome of trade deal with U.S., when asked how deal could affect his decision on whether to step down as PM
Stocks in Japan are higher on the annoucnement. Yen has been choppy and is not far from hwere it was prior to Trump’s announcement.
Earlier:
- Trump reckons he has completed a ‘massive deal’ with Japan
- Trump says hes not lying this time, Japan deal is a ‘lot different’ from deals in the past
This article was written by Eamonn Sheridan at investinglive.com.
