Trump’s Reciprocal Tariffs Prompt Japan Trade Negotiations with U.S.

President Donald Trump’s reciprocal tariffs have helped open trade negotiations between the United States and one of its key economic partners — Japan.

Last week, Trump announced reciprocal tariffs, a policy that has the United States set tariffs based on the rate that each country in the world imposes on the U.S. For Japan, the tariff rate with the U.S. is now 24 percent.

As a result, Japanese Prime Minister Shigeru Ishiba is looking to negotiate trade with the Trump administration.

“Countries from all over the world are talking to us. Tough but fair parameters are being set. Spoke to the Japanese Prime Minister this morning. He is sending a top team to negotiate!” Trump wrote on Truth Social. “They have treated the U.S. very poorly on trade. They don’t take our cars, but we take MILLIONS of theirs. Likewise, agriculture, and many other ‘things.’ It all has to change, but especially with CHINA!!!”

Keep reading

Unknown's avatar

Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

Leave a comment