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Trade Talks With China, Japan Moving Slowly but Moving

For investors, next week could see important announcements with respect to trade deals with Japan and China. President Donald Trump has indicated that a deal has been reached with the Japanese that will open up Japanese markets for expanded sales of US agricultural products.

In order to finalize the deal, however, the Japanese are seeking written assurances that their companies will not be hit by the President's threatened 25% tariff on autos and auto parts coming into the US. The US has given verbal assurances, but it is not clear this will be enough for Prime Minister Abe to sell the deal at home. Stay tuned.

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