15% tariff on Japan feel relief from -wit hefty

US Treasury Minister Scott Igent is managing the Presidential delegation at the US National Day at the 2025 World Exhibition on July 19, 2025 in Japan.

Tomohiro Ohsumi | Getty Images | Gets the image

A The effect of securing is one of the most meanly tools that use companies to make us spend money.

Here’s how it works. Say we shopping for a smartphone made DAPLE, which has just released two new models: a $ 1,200 model and $ 900, which is more compact. A more expensive smartphone will serve as an “anchor”, which makes comparisons, so the $ 900 model will look like value and money – even if it is expensive. But we are most likely to feel good to choose it because we have “saved” $ 300 when buying.

It seems that this scenario is what is happening with an American trade agreement freshly received at the end of Tuesday. US President Donald Trump has said Washington would gain access to Japanese markets and cars that followed points during negotiations – while the latter would pay 15% export tariffs to America.

At first glance, this does not seem too positive for Japan. But, compared to 25% Trump tariff hit Tokyo Previously, this month is a great improvement. As Brian Jacobsen, Chief Economist Annex Wealth Management, said: “This is a sign when the markets will encourage 15% tariffs. A year ago, this rate will be shockingly. Today we sigh.” This is essentially anchored in Play.

What do you need to know today

Trump announces a “large -scale” trading deal with Japan. According to the agreement, Japan’s exports to the US will be face 15% tariffand the country will “open” its market for cars and rice, Trump – Note. Japan will justify Pay 15% tariffs on Auto lower than Universal 25% The US, imposed on cars built around the country.

The tariff suspension with China is likely to be expanded. The American and Chinese tariff is 90 days off on August 12. However, US Treasury Secretary Scott Infant “Developing what is probably an extension.”

The inflate says Jerome Powell does not need to resign. However, theless Internal Review of the Central Bank. On Flips, Mohammed El Eriyan, Chief Economic Advisor Alasa, urged Powell to leave.

The S&P 500 oversees the new record. This is an index 11 -Y Record closed In 2025 Dow Jones Industrial Medium grew by 0.4%but Nasdaq Composite She lost 0.39%when the chips slipped. A Stoxx Europe 600 fell by 0.41%led by sale in the stock of defense.

(Pro) Goldman Sachs is experiencing the US economy. Economists in the investment bank expect growth slows down, real profits “drag” and inflation to warm up in 2025 – all this will raise the firm A predicted risk of recession.

And finally …

President Donald Trump is present at a bilateral meeting with the President of the European Commission Ursula von der Leyen during an annual meeting of the 50th World Economic Forum (WEF) in Devos, Switzerland, January 21, 2020.

Jonathan Ernst Reuters

As a “trade” of Europe can become an extreme means against tariffs on Trump

It seems that the European Union considers the possibility of deploying its “tool against the whim”-characterized as a “nuclear version” to try to restrain trade disputes-like a threat of 30% of EU import tariffs.

Measures can see US suppliers’ access to the EU market, excluding them from participation in state tenders in the block, as well as investing exports and imports on goods and services, as well as restrictions on foreign investment in the region.

– Holly Elitt

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