Japan prime minister Ishiba insists that there is no such thing as a discrepancy on 15% tariffs fee

Ishiba is now requesting that the US make amendments to its government orders on tariffs for Japan. That as each side are stated to agree that the 15% tariffs fee is a ceiling, and to not be stacked on prime of already present levies. For some context, this was the confusion earlier within the day that led to the yen falling from round 147.05 to 147.70 for a quick interval.

Clearly, the 2 sides are having completely different interpretations of their framework settlement. Properly, it would not be the primary time involving a cope with Trump. *coughs in 2019 Part One commerce deal*

This text was written by Justin Low at investinglive.com.