Japan, Trump
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The post Trump Seeks Even Higher Tariffs: 'Between 15 Percent and 50 Percent' on Imports From All Countries appeared first on Reason.com.
Trump said the U.S. may send out tariff rebate checks, though lowering the national debt would take precedence.
It's a pivotal moment for President Donald Trump's economy as his boldest tariff policies to date are truly about to kick in.
President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
On his own terms, it could now be said that the aggressive approach by the US President is yielding tangible results.
Japan's top tariff negotiator, Ryosei Akazawa, met with U.S. President Donald Trump at the White House on Tuesday, the Asahi newspaper reported on Wednesday.
Asian governments are hoping a flurry of last-minute diplomacy will secure them better deals from the White House. Japan’s chief trade negotiator Ryosei Akazawa met with US Commerce Secretary Howard Lutnick for more than two hours on Monday — his eighth round of trade talks with US officials.
Japanese Premier Shigeru Ishiba on Monday revealed plans to stay in office to provide “stability” and tackle economic concerns after his ruling coalition saw striking losses in the country’s upper house elections.