Trump’s Japan Trade Deal
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CNBC Daily Open: Japan markets rally on the country's 15% tariff rate — it's a new era of trade
In comparison with the 25% tariff Trump slapped on Tokyo earlier this month, a 15% tariff seems like a big improvement.
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Japan PM Ishiba denies reports saying he may resign soon, says he wants to oversee U.S. tariff deal
Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.
With the tariff deal with the US paving the way for his possible departure, Japanese media said he is expected to soon announce plans to step down in August.
Japan will import more rice from the United States but within the existing tariff-free quota, Prime Minister Shigeru Ishiba said on Wednesday, stressing Tokyo's success in protecting the agricultural sector in agreeing a bilateral trade deal.