🌐 Japan & US in Fresh Trade Talks – Big News Ahead! 🤝🇺🇸🇯🇵
Japan has confirmed new trade talks with the US, hoping to strike a deal before July! 🗓️ If not, Japan faces a 24% tariff on exports 🚢💸. PM Shigeru Ishiba may meet Donald Trump at the G7 Summit to finalize this agreement 🤝.
🔩 The US also approved Nippon Steel’s $14.9B bid for US Steel 🏗️, a move raising national security questions. But the deal includes $11B in investments by 2028 and a "golden share" for the US government 🛡️.
🔋 Japan is also working with the US to reduce reliance on China for rare earth magnets used in EVs and missiles ⚙️🚀.
This collaboration could reshape global supply chains and strengthen US-Japan economic ties! 🌏💼
#JapanUSDeal #RareEarth #NipponSteel #TariffTalks