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X @Bloomberg
Bloomberg· 2025-07-23 16:04
Lured by the cheap yen, a record 37 million visitors came to Japan last year—straining the country’s long tradition of hospitality https://t.co/SSEEyT65LV ...
Japan trade deal info on Trump's desk was altered by hand with a marker
CNBC· 2025-07-23 14:33
President Donald Trump's art of the deal seemed to play out in real time on Tuesday.Trump announced what he called a "massive" trade agreement with Japan over his Truth Social platform Tuesday night, which the president said includes a 15% tariff rate and $550 billion in investments. But the details of that deal on a card on Trump's desk shows discrepancies and last-minute edits, according to a photo posted by by Dan Scavino, the White House deputy chief of staff.The card on Trump's desk displays a 10% tari ...
Japan Proposed ‘Innovative Solution’ on Tariffs: Bessent
Bloomberg Television· 2025-07-23 12:02
Last week you joined me, John and Lisa, and you said you're going to Japan for the World Expo. Wasn't really going to be focused on trade. You came back, the president had a 75 minute meeting as well last night with the trade negotiator.You were in the room and he got this deal with you alongside him over the finish line, even though the reporting out of Washington that actually the discussions with Japan were quite difficult. What changed in the last 24 hours. Look, Anne-Marie, we had some discussions abou ...
X @Bloomberg
Bloomberg· 2025-07-23 11:56
Treasury Secretary Scott Bessent stopped short of saying the European Union can win the same sort of trade deal as Japan cut with President Donald Trump https://t.co/ogZvQ2Nzdt ...
Trump’s Japan Trade Deal: What You Need to Know | WSJ News
WSJ News· 2025-07-23 10:55
just signed the largest trade deal in history. I think maybe the largest deal in history with Japan. >> This is certainly one of the bigger deals that the Trump administration has to negotiate.Uh what we've had so far are deals with Vietnam, Indonesia, Philippines. These are all important countries, but Japan is really the first, you know, really huge country that uh President Trump has negotiated a deal with. What we know so far about the US Japan trade deal is that Japan has negotiated a reduction in tari ...
X @Bloomberg
Bloomberg· 2025-07-23 00:56
Japan’s trade deal with the US is a positive surprise for investors, giving a welcome bit of good news to a country currently gripped by political uncertainty https://t.co/TWL6lsnuhs ...
X @Bloomberg
Bloomberg· 2025-07-22 23:57
BREAKING: Trump says the US has reached a trade deal with Japan, setting a 15% tariff on Japanese goods https://t.co/vVPqHMy13u ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-22 23:53
President Trump announced a trade deal with Japan, saying the country will face 15% reciprocal tariffs https://t.co/nqWMgfREXq ...
Treasury Secretary Scott Bessent on U.S. trade talks: Quality of deals more important than timing
CNBC Television· 2025-07-21 12:28
Joining us now, Treasury Secretary Scott Bessant. Uh, Mr. . Secretary, it's great to have you on as it always is.Good to see you. Morning, Joe. Lead story, uh, economy showing swagger as tariff fears eb.This is the Wall Street Journal pointing out that, uh, there was quite a bit of, um, of angst and hand ringing uh, back in April. a lot of U forecast that the bottom was going to drop out and just flatly stated here and I I know it might not be the favorite uh paper around the White House at this point but t ...
How Japan Dealt With Their Debt Problem
Principles by Ray Dalio· 2025-07-18 13:07
Monetary Policy & Currency Devaluation - Japan printed money to buy bonds, maintaining lower interest rates (3% lower than the US) [1] - Japan devalued its currency by an average of 4% [1] Investment Losses & Economic Impact - Japanese bonds lost 45% relative to US bonds and 60% relative to gold [2] - Japanese workers' monthly earnings decreased from $3,500 to $2,500 (in dollar terms) [2] - Japanese workers' monthly earnings decreased from 13 ounces to 1 ounce of gold equivalent [2] - Investors holding yen-denominated bonds or currency against the dollar would be down approximately 84% [3] Book Promotion - A new book titled "How countries go broke the big cycle" is releasing on June 3rd [3]