Japan PM Ishiba and Pres. Trump are meeting in Washington.
Trump says:
- We want to work on deficit with Japan
- Want to get it down to even
- He will make an announcement next week on recipricol trade. There are many countries that tariffs will apply
- Tariiffs on Japan are an option to address the deficit
- Will discuss US Steel with Ishiba. He has not changed his mind on US Steel.
Ishiba says:
- We are ready to further our investments in the US
- Toyota looking to invest more in the US
Meanwhile, the EU has proposed that they will lower tariffs on US cars to above trade war.
This article was written by Greg Michalowski at www.forexlive.com.
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