The United States and Japan agree on the commercial deal to circumvent the worst definitions Money News

The United States and Japan agreed to a commercial deal days before the deadline for the tariff set by Donald Trump.

Under the terms of the agreement, instead of tax on all Japanese goods with 24 % taxes when entering the United States, they will instead subject to a 15 % tariff.

Greatly, unlike The United States dealThere is no cover on the number of Japanese cars subject to low -agreed tariffs. Car and car spare parts were decreased from 25 % to 15 %, making it the first country to secure a 25 % decrease in the vehicle.

Cars make up more than a quarter of all Japan’s exports to the United States.

Japanese steel and aluminum are still 25 % tariff.

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A little more than a week has passed until the end of the stopping on August 1 on the customs tariff, in itself a six -week period extending to July 90, the day of freezing, US President Trump announced in April.

I have seen a victory for all parties because Japan is a major trading partner for the world’s largest economy.

To achieve the deal, Japan agreed to an investment package of $ 550 billion (406 billion pounds) of loans and guarantee from the institutions that followed the Japanese government in the main sectors such as medicines and semi -conductors.

Japan will also increase the purchase of American agricultural products such as rice.

Market reaction

The markets welcomed the news.

In the United States, the value of the dollar, in Japan, has gained the standard stock exchange, Nikkei, large, and closed more than 3.5 %.

The index consists of many major car makers, including Nissan, Honda, Mazda, Toyota and Mitsubishi, all of which gathered after the news.

Other Asian stock indicators, including KOOSPI from Korea, which increased by almost 0.44 %, Hang Kong of Hong Kong, which increased more than 1.6 %, and the Thailand group index, which rose more than 2.3 %.