Tag #Global Trade

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smh.com.au

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Jul 24, 07:15

US-Japan Trade Deal: 15% Tariff on Japanese Exports, $550 Billion Japanese Investment Pledged

The US and Japan finalized a trade deal imposing a 15% tariff on Japanese exports to the US, granting Japan increased access to the US auto market in return for a pledged $550 billion Japanese investment in the US, which may increase the US trade deficit.

US-Japan Trade Deal: 15% Tariff on Japanese Exports, $550 Billion Japanese Investment Pledged

The US and Japan finalized a trade deal imposing a 15% tariff on Japanese exports to the US, granting Japan increased access to the US auto market in return for a pledged $550 billion Japanese investment in the US, which may increase the US trade deficit.

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How did Japan strategically leverage its automotive industry's competitive advantage to mitigate the negative impacts of the US tariffs?

This deal showcases Trump's trade strategy: using tariffs to negotiate market access. The 15% tariff, though lower than his initial threat, still represents a substantial increase, impacting US consumers. Japan secured favorable auto export terms, offsetting the tariff impact on its overall economy.

elpais.com

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Jul 23, 04:12

Trump Announces Massive US-Japan Trade Deal with 15% Tariff

President Trump announced a US-Japan trade deal where Japan will pay a 15% tariff on all exports to the US in exchange for a $550 billion investment in the US, expected to generate hundreds of thousands of jobs; details remain scarce.

Trump Announces Massive US-Japan Trade Deal with 15% Tariff

President Trump announced a US-Japan trade deal where Japan will pay a 15% tariff on all exports to the US in exchange for a $550 billion investment in the US, expected to generate hundreds of thousands of jobs; details remain scarce.

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What are the immediate economic impacts of the US-Japan trade deal, specifically concerning job creation and tariff rates?

President Trump announced a "massive" trade deal with Japan, involving a 15% tariff on all Japanese exports to the US in exchange for a $550 billion Japanese investment in the US, projected to create hundreds of thousands of jobs. This follows earlier threats of higher tariffs and negotiations.

cbsnews.com

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Jul 23, 04:12

Trump Announces U.S.-Japan Trade Deal with 15% Tariff

Former President Trump announced a trade deal with Japan, imposing a 15% tariff on Japanese imports in exchange for a $550 billion Japanese investment in the U.S. and increased market access for U.S. goods, a deal that has not been publicly commented upon by the Japanese government.

Trump Announces U.S.-Japan Trade Deal with 15% Tariff

Former President Trump announced a trade deal with Japan, imposing a 15% tariff on Japanese imports in exchange for a $550 billion Japanese investment in the U.S. and increased market access for U.S. goods, a deal that has not been publicly commented upon by the Japanese government.

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What are the immediate economic impacts of the announced U.S.-Japan trade deal, and how does it affect existing trade relations?

Former President Trump announced a trade deal with Japan involving a 15% tariff on imported goods and a $550 billion Japanese investment in the U.S., projected to yield 90% profit for the U.S. This follows earlier proposals for tariffs as high as 25%. The deal also reportedly includes increased Japanese market access for U.S. cars, trucks, rice, and other agricultural products.

theguardian.com

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Jul 23, 04:12

Trump Announces US-Japan Trade Deal

President Trump announced a trade deal with Japan, involving a 15% tariff on Japanese imports, $550 billion in Japanese investment in the US, and increased access to the Japanese market for US products. Japanese Prime Minister Shigeru Ishiba is reviewing the deal.

Trump Announces US-Japan Trade Deal

President Trump announced a trade deal with Japan, involving a 15% tariff on Japanese imports, $550 billion in Japanese investment in the US, and increased access to the Japanese market for US products. Japanese Prime Minister Shigeru Ishiba is reviewing the deal.

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What are the immediate economic and political consequences of the US-Japan trade deal?

President Trump announced a trade deal with Japan, averting a threatened 25% tariff on Japanese imports and securing a $550 billion investment from Japan into the US. A 15% tariff will be imposed on Japanese imports, while Japan will open its market to more US products.

usa.chinadaily.com.cn

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Jul 23, 04:12

Hainan's "Customs Closure" Boosts Trade and Investment

China's Hainan Free Trade Port is implementing "customs closure", significantly reducing customs checks for goods not destined for mainland China, to boost trade and investment, transitioning from a regional pilot to a national strategy, and showcasing a balance between opening and security.

Hainan's "Customs Closure" Boosts Trade and Investment

China's Hainan Free Trade Port is implementing "customs closure", significantly reducing customs checks for goods not destined for mainland China, to boost trade and investment, transitioning from a regional pilot to a national strategy, and showcasing a balance between opening and security.

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What are the immediate economic impacts of Hainan's "customs closure" on trade and investment in the region?

Hainan's "customs closure" significantly reduces customs checks and tariffs for goods entering or leaving the island, except for those destined for mainland China. This policy shift aims to boost trade and investment by creating a more attractive business environment. The initiative is part of China's broader strategy to deepen its institutional opening-up and integrate with the global economy.

usa.chinadaily.com.cn

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Jul 23, 04:12

Indonesia-US Trade Deal: A Lifeline or a Handcuff?

Indonesia secured a trade deal with the US on July 16, ensuring a maximum 19 percent tariff on Indonesian exports until 2029; however, the deal involves significant commitments from Indonesia, including purchasing 50 Boeing aircraft and importing substantial amounts of US energy and agricultural pro...

Indonesia-US Trade Deal: A Lifeline or a Handcuff?

Indonesia secured a trade deal with the US on July 16, ensuring a maximum 19 percent tariff on Indonesian exports until 2029; however, the deal involves significant commitments from Indonesia, including purchasing 50 Boeing aircraft and importing substantial amounts of US energy and agricultural pro...

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What are the broader implications of Indonesia's trade commitments to the US, including potential risks and opportunities?

While the deal protects Indonesian exports, primarily labor-intensive goods like clothing and footwear, from ad-hoc tariff hikes, the 19% cap may not apply uniformly. Products with Chinese inputs face steeper duties, and additional levies exist for BRICS members, creating uncertainty for Indonesian exporters.

theglobeandmail.com

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Jul 23, 04:12

US Aluminum Tariffs Cost Alcoa $115 Million, Spark Investment Concerns

Alcoa Corp.'s second-quarter earnings were negatively impacted by US tariffs on Canadian aluminum imports; the company lost US$115 million, leading to investment concerns and lobbying for a Canadian carve-out; the US heavily relies on Canadian aluminum imports.

US Aluminum Tariffs Cost Alcoa $115 Million, Spark Investment Concerns

Alcoa Corp.'s second-quarter earnings were negatively impacted by US tariffs on Canadian aluminum imports; the company lost US$115 million, leading to investment concerns and lobbying for a Canadian carve-out; the US heavily relies on Canadian aluminum imports.

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What are the immediate economic consequences of the US aluminum tariffs on Alcoa's Canadian operations and the broader US-Canada aluminum trade relationship?

Alcoa Corp.'s Quebec operations incurred a US$115-million loss in the second quarter due to US tariffs on Canadian aluminum. These tariffs, initially 25 percent and later doubled to 50 percent, severely impacted Alcoa's profitability and jeopardized 2,500 jobs in Quebec, each supporting 13 downstream jobs in the U.S.

lemonde.fr

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Jul 23, 04:12

Trump Announces US-Japan Trade Deal with 15% Tariffs, Japanese Prime Minister Seeks Review

On July 22nd, Donald Trump announced a US-Japan trade agreement imposing 15% tariffs on Japanese imports, claiming it would create hundreds of thousands of US jobs and attract $550 billion in Japanese investment; however, Japanese Prime Minister Shigeru Ishiba expressed a need to review the agreemen...

Trump Announces US-Japan Trade Deal with 15% Tariffs, Japanese Prime Minister Seeks Review

On July 22nd, Donald Trump announced a US-Japan trade agreement imposing 15% tariffs on Japanese imports, claiming it would create hundreds of thousands of US jobs and attract $550 billion in Japanese investment; however, Japanese Prime Minister Shigeru Ishiba expressed a need to review the agreemen...

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What are the immediate economic consequences of the announced US-Japan trade agreement, specifically concerning tariffs and job creation?

On July 22nd, Donald Trump announced a trade agreement with Japan imposing a 15% tariff on Japanese imports to the US. Japanese Prime Minister Shigeru Ishiba stated a need to review the agreement's details. Trump claimed the deal would create "hundreds of thousands of jobs" and involve $550 billion in Japanese investment in the US, with 90% of profits going to the US.

africa.chinadaily.com.cn

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Jul 23, 07:14

Indonesia-US Trade Deal: A Lifeline or Handcuff?

Indonesia and the US finalized a trade deal on July 16, capping tariffs on Indonesian exports at 19% until 2029, but this comes with conditions including significant Indonesian purchases of US goods and services, raising concerns about economic and political implications.

Indonesia-US Trade Deal: A Lifeline or Handcuff?

Indonesia and the US finalized a trade deal on July 16, capping tariffs on Indonesian exports at 19% until 2029, but this comes with conditions including significant Indonesian purchases of US goods and services, raising concerns about economic and political implications.

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How does Indonesia's trade deal with the US affect its relationships with other trade partners and its commitment to a balanced foreign policy?

While the deal safeguards Indonesian exports to the US, valued for their labor-intensive nature and supporting numerous jobs, it's contingent on substantial purchases from the US, potentially straining Indonesia's economy and strategic neutrality. Indonesia's top exports to the US, including palm oil, footwear, and electronics, remain vulnerable to US protectionism, particularly if they use Chinese inputs.

nbcnews.com

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Jul 23, 04:12

US-Japan Trade Deal: 15% Tariff, $550 Billion Investment

President Trump announced a trade deal with Japan, lowering tariffs to 15% and securing a $550 billion Japanese investment in the US, despite recent political instability in Japan and previous threats of higher tariffs.

US-Japan Trade Deal: 15% Tariff, $550 Billion Investment

President Trump announced a trade deal with Japan, lowering tariffs to 15% and securing a $550 billion Japanese investment in the US, despite recent political instability in Japan and previous threats of higher tariffs.

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How did political factors in Japan and the US influence the negotiation and outcome of this trade deal?

The deal significantly alters US-Japan trade relations, reducing threatened tariffs while securing substantial Japanese investment in the US. This investment aims to generate profits, with 90% allocated to the US, though the specifics remain unclear. The agreement comes amidst political challenges for Japan's government.

elmundo.es

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Jul 23, 04:12

Trump's Renewed Trade War: New Tariffs and Asian Responses

In early July 2024, Donald Trump imposed new tariffs on Asian nations, aiming to curb Chinese goods entering the U.S. market via intermediaries and reduce Asian dependence on China. Vietnam and Japan subsequently negotiated tariff reductions with the U.S., while the Philippines reached a slightly re...

Trump's Renewed Trade War: New Tariffs and Asian Responses

In early July 2024, Donald Trump imposed new tariffs on Asian nations, aiming to curb Chinese goods entering the U.S. market via intermediaries and reduce Asian dependence on China. Vietnam and Japan subsequently negotiated tariff reductions with the U.S., while the Philippines reached a slightly re...

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What immediate economic impacts resulted from Trump's renewed trade war with Asian nations?

In early July, Donald Trump escalated his trade war, targeting Asian partners. He imposed tariffs on Southeast Asian nations acting as intermediaries for Chinese goods to bypass existing tariffs, and also targeted Japan and South Korea to reduce their reliance on China. While China remained defiant, other Asian nations negotiated tariff reductions with the U.S. before the August 1st deadline.

europe.chinadaily.com.cn

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Jul 23, 07:14

Indonesia-US Trade Deal: A Lifeline or Handcuff?

Indonesia and the United States finalized a trade agreement on July 16, capping tariffs on Indonesian exports at 19 percent until 2029; however, the deal requires Indonesia to make significant purchases of American goods and services, including Boeing aircraft and agricultural products, raising conc...

Indonesia-US Trade Deal: A Lifeline or Handcuff?

Indonesia and the United States finalized a trade agreement on July 16, capping tariffs on Indonesian exports at 19 percent until 2029; however, the deal requires Indonesia to make significant purchases of American goods and services, including Boeing aircraft and agricultural products, raising conc...

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What are the immediate economic impacts of Indonesia's trade deal with the US, considering both the benefits and potential drawbacks?

On July 16, Indonesia secured a trade deal with the US, ensuring a maximum 19% tariff on Indonesian exports to the US until 2029. This seemingly beneficial deal, however, is contingent upon Indonesia's commitments to purchase US goods and services, raising concerns about its economic implications.

Showing 205 to 216 of 1,553 results