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US-Japan trade deal spurs market rally – BBH
US and Japan reached a trade agreement. Under the deal, Japanese goods will face a 15% tariff, up from 10% but down from a threatened 25%. The levy on Japanese auto exports to the US will be reduced to 15% from 25%, BBH FX analysts report.
Fxstreet
Wed, Jul 23
ANALYSIS-US-Japan trade deal averts worst for global economy
Stocks rally, driven by auto makersChina, EU face looming deadlinesTrade deal not seen adding to inflation By Balazs Koranyi and Francesco Canepa FRANKFURT, July 23 (Reuters) - Japan's trade agreement with the U.S. could serve as the benchmark for many other deals currently being negotiated w...Reuters
Wed, Jul 23
Taiwan says trade delegation in Washington for talks on potential tariff and trade deal
TAIPEI, July 23 (Reuters) - Taiwan's government said on Wednesday that a trade delegation led by the vice premier was in Washington, D.C., for a new round of in-person negotiations with U.S. officials this week. U.S. President Donald Trump has proposed imposing tariffs of as much as 32% on T...Reuters
Wed, Jul 23
DBS Economist: Concerns About US Reciprocal Tariffs On Taiwan Economy Have Eased Since April
July 23 (Reuters) - Economist Ma Tieying of DBS Group Holdings Ltd DBSM.SI speaks to Taiwan reporters on Wednesday,CONCERNS ABOUT US RECIPROCAL TARIFFS ON TAIWAN ECONOMY HAVE EASED SINCE APRILTARIFFS ON SEMICONDUCTORS REMAIN A MAJOR CHALLENGE. IF TARIFFS RESTRICTED ONLY TO CHIPS, THEN IMPACT ON TAI...Reuters
Wed, Jul 23
BOJ sees trade deal as raising chance of meeting inflation goal
BOJ to keep raising rates if economy improves, Uchida saysJapan-US trade deal reduces economic uncertaintyInflation overshooting expectations, may broadenBOJ to meet July 30-31, issue quarterly outlook reportBy Leika Kihara KOCHI, Japan, July 23 (Reuters) - Japan's trade deal with the U.S...Reuters
Wed, Jul 23
BoJ's Uchida: US-Japan trade agreement is a big progress, helps reduce uncertainty
Bank of Japan Deputy Governor Shinichi Uchida said on Wednesday that the trade deal between the United States (US) and Japan is a big step forward and it helps reduce uncertainty for Japan's firms, per Reuters.Fxstreet
Wed, Jul 23
Philippine President says U.S. trade deal a 'significant achievement'
MANILA, July 23 (Reuters) - Philippine President Ferdinand Marcos Jr said his country's trade deal with the United States, which resulted in a tariff rate of 19% on the country's exports to America, was a "significant achievement." "One percent might seem like a very small conc...Reuters
Wed, Jul 23
Trump strikes trade deal with Japan to cut tariffs
Deal includes $550 billion Japanese investment packageTariffs on Japanese goods cut to 15% from 25%Japanese stocks jump, yen strengthens vs dollarBy Trevor Hunnicutt, Jasper Ward and Mariko Katsumura WASHINGTON/TOKYO, July 22 (Reuters) - The United States and Japan struck a deal to lower the heft...Reuters
Wed, Jul 23
Detroit Three automakers raise concerns about Japan trade deal
By David Shepardson WASHINGTON, July 22 (Reuters) - A group representing General Motors GM.N Ford F.N and Chrysler-parent Stellantis STLAM.MI on Tuesday raised concerns about a trade deal that could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mex...Reuters
Wed, Jul 23
Detroit Three automakers raise concerns about Japan trade deal
July 22 (Reuters) - A group representing General Motors GM.N Ford F.N and Chrysler-parent Stellantis STLAM.MI on Tuesday raised concerns about a trade deal that could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mexico at 25%.Matt Blunt, who heads th...Reuters
Wed, Jul 23
RPT-TIMELINE-EU-China trade frictions
BEIJING, July 22 (Reuters) - Chinese and European Union leaders will meet in Beijing on Thursday for a summit marking 50 years of diplomatic ties. Here is a timeline of EU-China trade tensions in recent years. Mar 22, 2021 - The EU sanctions four Chinese officials over alleged human rights abuse...Reuters
Wed, Jul 23
Indonesia to cut tariffs, non-tariff barriers in US trade deal
Indonesia to end pre-shipment inspections on US farm goodsUS safety standards for autos, drugs to be accepted by IndonesiaIndonesia to drop plans for tariffs on data flows, White House saysBy David Lawder and Andrea Shalal WASHINGTON, July 22 (Reuters) - Indonesia has agreed to eliminate tariffs ...Reuters
Wed, Jul 23
