Japan, Trump and tariff
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President Trump's trade strategy, marked by elevated tariffs, is yielding agreements with nations like the EU, Japan, and Vietnam. The EU accepted 15% US tariffs and committed to significant purchases and investments.
US stocks fell Monday as President Donald Trump announced a flurry of tariffs on countries including Japan, South Korea and South Africa.
President Donald Trump’s trade deal with the European Union could prompt other partners to move more quickly in pursuit of assurances they’ll avoid new tariffs next week.