US-Japan Trade Deal: The Untold Risks Trump Isn’t Telling You About—Is It Really the Win He Claims?
The increasingly fluid US-Japan trade deal has already created structural gaps between Donald Trump’s desire to be a wheeling-and-dealing world leader and looming real-world outcomes. Japan’s cautionary counter-balance statements on Friday show that the cracks already evident in Trump’s slapdash negotiation strategies are set to widen as US delegates struggle to deliver on Trump’s advance promises for trade deals that do not yet exist on paper.
Japan’s lead trade negotiator, Ryosei Akazawa, directly addressed the structural imbalance of Trump’s expectations on Friday, noting that he understands that the US is looking for a 90-10 split of profits from the proposed investment package. However, the top trade official noted that as far as Japan is concerned, “some people are saying Japan is simply handing over $550 billion, but such claims are completely off the mark.” Akazawa closed off with a reminder that the final decision on profit-sharing under the $550B investment schedule will be based on the ratio of investment in the scheme by private-sector companies.
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