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US and Japan agree trade deal

World Business Report

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US-Japan Trade Deal Insights

This chapter examines a significant trade agreement between the US and Japan that reduced tariffs on Japanese goods, greatly benefiting the automotive sector. It discusses the political motivations behind the deal, Japan's concerns with tariffs, and the implications for the global trade landscape. Additionally, it highlights the positive market reactions and the strategic importance of the Japanese car industry amidst changing economic dynamics.

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