TOKYO (Reuters) -Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.

Japan said on Tuesday the trade agreement it struck with the U.S. cleared uncertainties on U.S. trade policies but continued attention needs to be given to risks of those policies putting downward pressure on the Japanese economy.

The new trade agreement between the U.S. and the European Union will lift tariffs on imports of goods from EU countries to their highest level in decades and hurt the trading bloc's economic growth, according to some experts.

Taiwan’s leader Lai Ching-te suffered a string of high-profile political setbacks over the past week, wounding his presidency at home and abroad. With a US tariff deadline looming, things could get worse.

Most stock markets rose with the euro Monday after the European Union and United States hammered out the "biggest-ever" deal to avert a potentially damaging trade war.

U.S. President Donald Trump said on Monday that he had instructed his trade team to resume negotiations on trade with Thailand and Cambodia after the two nations agreed to a ceasefire. "Just spoke to the Acting Prime Minister of Thailand and Prime Minister of Cambodia,

US stocks close mostly higher on an EU trade deal. S&P 500 and Nasdaq hit records, but Mag Seven earnings and the Fed meeting could turn sentiment.