Trump’s Japan Trade Deal
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US lowers Japan tariff to 15% for $550bn investment pledge
The deal with Japan comes days ahead of the 1 August deadline, when 25% tariff rates on Japanese imports were due to take effect.
President Trump's new trade deal with Japan includes a 15% tariff on exports to the U.S., up from earlier rates. CBS News MoneyWatch correspondent Kelly O'Grady breaks down how this could impact major automakers.
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Japan PM Ishiba denies reports saying he may resign soon, says he wants to oversee U.S. tariff deal
Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.
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