Trump’s Japan deal is a hollow victory

Tamara Ceaikovski

Trump will be able to claim a negotiating success. But that doesn’t mean Americans will be better off for it The reaction of markets to the US trade deal with Japan shows yet again that if you presage bad news with even worse news you can make people pathetically grateful at the outcome. Shares in Toyota surged by 14 per cent at the news. Yet why, when the deal will see imports of Japanese cars to the US slapped with tariffs of 15 per cent? Because back on “Liberation Day” in April, Donald

Trump’s Japan deal is a hollow victory https://thespectator.com/ - 23.07.2025 18:40

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Trump’s Japan deal is a hollow victory https://thespectator.com/ - 23.07.2025 18:40