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Us Japan Trade

All articles tagged with #us japan trade

Trump Signs Trade Deal with Japan to Reduce Tariffs on Autos and Goods

Originally Published 4 months ago — by The White House (.gov)

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Source: The White House (.gov)

President Donald Trump signed a historic US-Japan framework agreement that enhances trade relations, provides over $15 billion in market access for US producers, and commits Japan to invest $550 billion in the US, creating jobs and boosting domestic industries across sectors like energy, agriculture, and manufacturing.

Stocks Reach New Highs on Trade Deal Optimism

Originally Published 5 months ago — by Reuters

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Source: Reuters

Global stock markets surged to new highs following positive developments in U.S.-Japan and U.S.-Europe trade negotiations, with investor optimism supported by strong foreign demand for U.S. Treasuries and a calm bond market despite economic concerns. The market's resilience is attributed to increased foreign private sector purchases and potential regulatory changes, although some risks remain due to upcoming debt issuance and geopolitical uncertainties.

Trump's U.S.-Nippon Steel Deal Sparks Reactions and Questions

Originally Published 7 months ago — by Bloomberg.com

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Source: Bloomberg.com

President Trump appeared to support a deal for Nippon Steel to acquire US Steel, claiming it would create jobs and boost the US economy, but his comments lacked clarity on whether he fully endorsed the $14.1 billion takeover, leaving investors and officials uncertain about the deal's future.

Congress members accuse Sony of unfair competition against Xbox in Japan.

Originally Published 2 years ago — by Axios

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Source: Axios

Members of Congress are urging the Biden administration to take action on PlayStation-Xbox console competition in Japan, claiming that Sony's business practices in its native Japan are blocking US companies from competing in that country's gaming market and could be running afoul of US-Japan trade deals. Sony has had a steep advantage over Xbox in Japan for decades, though the secrecy around gaming contracts obscures the underlying causes. The pressure on Sony coincides with the Japanese company's own pressure on antitrust regulators to block Microsoft's $69 billion bid to buy Activision-Blizzard.