Economics/Class Relations

Trump Trade Talks: Japan Gets a Deal

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Trump Trade Talks: Japan Gets a Deal

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Japan is one of the few countries who has been willing to step into the batter’s box and take whatever Trump throws at them. This time at the plate, they were tossed a 15% tariff on Japanese goods (with some big caveats).

Tariffs on some of the most important exports, like cars and semiconductors, have been deferred for future negotiations. Which means Japan will be back at the plate in no time. The Japanese also pledged investment into US infrastructure via state-linked commodity institutions. Trump claims most of the profits will go to American pockets, but the Japanese disagree with that interpretation.

As is the running theme with most of Trump’s “trade deals”, this is predominantly fluff and the real talks are yet to begin.
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Categories: Economics/Class Relations, Geopolitics

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