Japan, Trump and trade deal
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With their "Japanese First" slogan, riffing off US President Donald Trump's "America First", they have truly ruffled the feathers of the ruling Liberal Democratic Party (LDP) and its embattled prime minister, Shigeru Ishiba.
Cracks are emerging over the precise terms of US deals with the EU and Japan. Read more at straitstimes.com. Read more at straitstimes.com.
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President Donald Trump is bragging that Japan has given him, as part of a new trade framework, $550 billion to invest in the United States
Sohei Kamiya's Sanseitō Party won 14 seats in Japan's Upper House elections, appealing to young voters with a "Japanese first" platform focused on culture, birth rates and food security.
"The trade deal struck with the U.S. is certainly a relief in that it offers some certainty that U.S. tariffs on Japan-made cars won't rise to punitive levels," said Stefan Angrick, head of Japan and Frontier market economics at Moody's Analytics.
Japan's top negotiator is pushing back against claims that the country is handing over hundreds of billions of dollars to the U.S. under a new economic deal with the Trump administration, clarifying that actual investment will make up just 1% to 2% of the $550 billion agreement.
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CNN's reflexes are to be 'hostile towards Trump,' says Brianna LymanFox News @ Night’ panelists Natalie Beisner and Brianna Lyman discuss President Donald Trump's EU trade deal and James Carville's advice to the Democratic Party.
Japan's second largest brokerage and investment bank, Daiwa Securities, booked a rise of 30.2% in first-quarter net profit from a year earlier, it said on Wednesday. Profit for the period from April to June stood at 31.
TACO or tariffs? An August 1 deadline looms after the European Union became the latest of the top US trading partners to reach a deal with Trump.