šļø Japan Makes Strategic Progress in U.S. Tariff Talks ā What It Could Mean for Global Markets šÆšµšŗšø
Japan has made notable progress in its fifth round of trade negotiations with the U.S., especially around auto tariffs and rare earth cooperation. While both sides havenāt sealed a deal yet, thereās growing optimism ahead of the G7 Summit on June 15, where President Trump and PM Ishiba are expected to meet.
š Key Highlights:
Japan no longer insists on a full repeal of the 25% U.S. auto tariff.
Instead, itās proposing a scaled reduction, linked to U.S.-based auto production by Japanese firms.
Japan is also offering increased investments in U.S. energy and cooperation in rare earth supply chains.
A 24% "reciprocal tariff" could hit Japanese exports if no agreement is reached by early July.
š Why It Matters for Global Markets & Crypto:
Lower trade tensions can strengthen JPY and USD ā both closely watched in the crypto-FX correlation space.
Rare earth cooperation could impact tech and EV sectors, with downstream effects on AI chips, GPUs, and even mining rigs.
Energy investments hint at longer-term moves that could affect Bitcoin mining economics in the U.S.
š Keep an eye on June 15 ā a deal could bring significant ripple effects across global trade, commodities, and crypto market sentiment.
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