Japan, trade deal
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Japan's chief negotiator reached an agreement with U.S. Commerce Secretary Howard Lutnick in mid-June on a deal offering massive Japanese investment in the United States in exchange for a reduction in tariffs,
Shares of General Motors , Ford Motor , and Jeep-maker Stellantis , some of the biggest automakers in the U.S., rallied on Wednesday after news of a trade deal that will reduce tariffs on imported Japanese cars,
GTRI, in a report released on Sunday, called for India to take a cue from the experiences of countries like Vietnam and Japan and insisted that India should ask for a jointly issued, written statement before acknowledging any agreement.
President Donald Trump announced a new trade framework with Japan, boasting a staggering USD 550 billion investment in the US. However, details remain under negotiation, and it's uncertain if this represents new or existing investments.
Japan's chief tariff negotiator Ryosei Akazawa speaks to the media after a meeting between Prime Minister Shigeru Ishiba and Treasury Secretary Scott Bessent in Tokyo, on July 18, 2025. Shuji Kajiyama/AP
Wall Street climbed Wednesday after President Donald Trump reached a trade deal with Japan and hopes rose for more agreements by August 1.
The head of the opposition Constitutional Democratic Party of Japan has expressed concern over the trade deal struck recently between Japan and the United States.
(Reuters) -An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba, though many specifics of the agreement remain unclear.