Japan has committed to investing $550 billion in the United States, according to president Trump. The agreement also includes increased imports of American automobiles and agricultural products,with a particular focus on rice.
This advancement fuels optimism that Washington will secure additional trade deals before the tariffs proposed by President Trump are implemented on August 1st. These tariffs are set to range from 15% to 50% and will affect several major economies.
Along with trade discussions, market participants are closely watching the upcoming Federal Reserve meeting.Expectations are high that the central bank will maintain current interest rates.
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