Japan commerce negotiator says "no remark" on supposed $550 billion US funding

• Will proceed to demand presidential order to chop US tariffs on Japanese items quickly
• No touch upon Lutnick’s feedback about $550 billion package deal of US-bound funding

In case you missed it, Lutnick yesterday stated this:

“The Japanese settlement, which we will announce later this week, that is $550 billion on the hand of Donald Trump.”

Akazawa is anticipated to make a visit to Washington to formalise the commerce framework settlement, one which sees the US placing 15% tariffs on Japan whereas Tokyo supposedly commits to $550 billion in government-backed loans and ensures within the US. Nonetheless, there are not any particulars on the latter and thus far there was a scarcity of affirmation from Japan as properly – as evident by the above.

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