Japan, South Korea and Trump
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Trump, tariff and Deadline
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Trump shared screenshots of letters detailing new tariff rates for over a dozen countries, allowing room for further negotiations before the renewed deadline of Aug. 1.
TOKYO (Reuters) -When Japanese Premier Shigeru Ishiba first met Donald Trump in February, his plan to placate the protectionist president's long-held frustration with Tokyo on trade was a promise to invest $1 trillion in the United States.
On July 7th Donald Trump, America’s president, sent letters to Japan, South Korea and a dozen other trading partners pushing back the deadline for their trade talks from July 9th to August 1st and tweaking the tariffs they will face if talks fail.
U.S. President Donald Trump's latest tariff delay provided some hope to major trade partners Japan, South Korea and the European Union that deals to ease duties could still be reached, while bewildering some smaller exporters such as South Africa and leaving companies with no clarity on the path forward.