Japan, Trump and trade deal
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Sohei Kamiya's Sanseitō Party won 14 seats in Japan's Upper House elections, appealing to young voters with a "Japanese first" platform focused on culture, birth rates and food security.
Investors, finally having some good news, seemed to largely ignore thorny questions about the details of the trade deal, let alone the tenuous position of Prime Minister Shigeru Ishiba following a recent election setback.
U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans.
1hOpinion
Korea JoongAng Daily on MSNKorea faces crucial week in tariff talks with the U.S.: Can it outdo Japan?One message must be clear: do not let domestic political calculations lead to strategic missteps. Difficult concessions may be unavoidable, but decisions should be made in the interest of the broader national economy.
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.
European Commission President Ursula von der Leyen is set to meet U.S. President Donald Trump on Sunday to clinch a trade deal for Europe that would likely see a 15% baseline tariff on most EU goods,
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Plus, legal advocates and family members of detainees call for the closing of Florida's Alligator Alcatraz immigrant detention center, alleging inhumane conditions.