GLOBAL: Kyodo: US has Refused Japan's Full Exemption from Reciprocal Tariffs
May-05 15:20
Newswires have been picking up on headlines from Kyodo, stating that the US would consider lowering the 14% Japan-specific tariff, but rejects a full exemption from the 'reciprocal' tariff amount announced by President Trump in April.
The United States has refused Japan's full exemption from not only a 10 percent "reciprocal" tariff but a country-specific tariff in recent negotiations, sources close to the matter said Monday.
U.S. officials including Treasury Secretary Scott Bessent told Japan's top negotiator Ryosei Akazawa in their meeting in Washington last week that the administration of President Donald Trump intends to put only a cut in the 14 percent country-specific tariff, suspended through early July, on the negotiating table, the sources said.
FED: US TSY 13W AUCTION: NON-COMP BIDS $2.437 BLN FROM $76.000 BLN TOTAL
May-05 15:15
US TSY 13W AUCTION: NON-COMP BIDS $2.437 BLN FROM $76.000 BLN TOTAL
FED: US TSY 26W AUCTION: NON-COMP BIDS $1.659 BLN FROM $68.000 BLN TOTAL
May-05 15:15
US TSY 26W AUCTION: NON-COMP BIDS $1.659 BLN FROM $68.000 BLN TOTAL