U.S. Pursues New Trade Deals to Cut Tariffs — Japan Takes Center Stage
🌐🤝📉
As reported by Odaily and other sources, the U.S. Trade Representative’s Office is actively negotiating with Japan and other countries to establish new reciprocal trade agreements.
The Objectives:
➡️ Reduce or eliminate the current 10% tariffs
➡️ Streamline trade and boost efficiency
Key Developments:
🇯🇵 Japan may offer concessions, including increased imports of soybeans and rice
🚗 However, they remain cautious—particularly regarding the 25% tariffs on auto exports
🧑⚖️ The final decision rests with President Donald Trump
Why It Matters:
These negotiations could significantly reshape global trade flows, impacting commodities, supply chains, and even cross-border investments tied to crypto and emerging markets.