Japan PM says trade talks with U.S. won’t be easy

us President Trump’s tariffs have upended the global markets in an unprecedented way us Federal Reserve Chair Jerome Powell said on Wednesday that unemployment and inflation will likely go north as tariffs effect become more pronounced the comments riled already battered markets adding to uncertaintity prevailing in the financial world but that is not the only aspect which has faced challenges due to uncertaintities related to tariffs the tariffs have forced many nations to scramble their trade representatives to Washington for a possible trade deal that will circumvent tariffs much was expected from the US Japan talks trump inserted himself directly into trade talks with Japanese officials trump attended the meeting alongside Treasury Secretary Scott Bassant and Commerce Secretary Howard Lutnik top economic advisers and later posted on social media that there had been big progress in the talks and while Tokyo’s envoy Riosi Akazawa also said that Japan want the deal to be stuck as soon as possible meetings with Japan are a priority when Trump says there are 70 or 100 countries in line for a meeting there’s no way the president can attend all of them so the talks with Japan are a priority i explained Japan’s position regarding the impact on Japanese investment and hiring both in Japan and in the United States and strongly requested that the US review its series of tariff measures my understanding is that the US is looking to make a deal in the next 90 days italian Prime Minister Georgia Maloney headed to the White House on Thursday to discuss tariffs imposed on the European Union with Trump while BEant has invited South Korea’s finance minister to Washington for talks next week meanwhile Beijing on Thursday said that if Washington continues to play the tariff numbers game China will pay no attention to it chinese President Xi reached Cambodia on the final leg of a Southeast Asia tour aimed at strengthening trade alliances the fissures are apparently widening back home too california’s Governor Antonio general sued President Donald Trump on Wednesday to try to stop his flurry of tariffs accusing the president of taking unlawful action to escalate a global trade war the lawsuit is the largest illegal challenge yet to Trump’s trade policies the move marks the strongest push back yet against a tariff roll out that has left business across the US ftting about uncertaintity for now the markets remain on tent hooks not knowing which way the tariff tempest will blow in the next few days or weeks anamand’s report for DD India

#japan #trade #tradetalks #tradedeal #tariffs #Tariff #trumptariffs

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6 Comments

  1. Yep! You have always been a loser. You have lost so many businesses – and destroyed your 2nd excellent economy in a row!
    Is that winning, eh Trump?!