U.S. and Japan Reach Trade Agreement
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The trade group representing the traditional Big Three US automakers is objecting to the US agreement with Japan, saying it would be unfair to American automakers and parts suppliers.
Wall Street climbed Wednesday after President Donald Trump reached a trade deal with Japan and hopes rose for more agreements by August 1.
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles imported from other countries—including trade agreements that would benefit U.S.
Stock futures are higher Wednesday as investors welcome news that the U.S. reached a trade agreement with Japan and prepare for the release of quarterly results from major technology companies.
1don MSN
Japan's Ishiba denies resignation plans despite election loss, says he will focus on US trade deal
Japanese Prime Minister Shigeru Ishiba has again denied reports that he plans to resign after his party's historic election defeat