Trump's Japan trade deal explained
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U.S. President Donald Trump's trade deal with Tokyo opens scope for the Bank of Japan to raise interest rates again this year, sources say, a prospect the central bank may start to telegraph by offering a less gloomy view on the economic outlook.
BIG NEWS! The U.S. and Japan have reached a trade agreement that will reduce tariffs on Japanese vehicles and auto parts to 15 percent-down from the 25 percent rate that was set to take
Chinese and most European indexes rose, and Japan’s TOPIX hit a record high, on trade optimism. Are 15% tariffs the new benchmark for trading with the U.S.? WSJ’s Kim Mackrael discusses. Plus, Tesla’s profit plunges as EV sales continue to drop,
The dollar edged higher against the euro on Thursday following progress in U.S. trade talks with key partners, but slipped against the yen as Japan's currency got a lift from expectations for higher interest rates.
Ho-hum agreements with Japan and others are a prelude to talks with China, William Pesek writes in a guest commentary.
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US Treasuries fell for a second day as investors trimmed exposure to haven assets on optimism that the US will reach more trade deals after clinching a pact with Japan.Most Read from BloombergTrump Awards $1.
President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.