The Tariff deadline is tomorrow, Mexico got a 3 month postponement, Canada got the shaft while Japan, EU and S. Korea to name well heeled countries gave Trump assurances of 'investment' in the US with the word investment being fuzzy depending on who one is talking to.
Japan actually considers the $550 Billion as a loan rather than an investment.
S. Korea OTOH is questioning why they would leave 90% of the profits in the US if its their money.
EU has not commented but assume their pledge is also just as vague.
47 OTOH is on the last leg of his victory lap while wanting to give tax rebates to the needy from our newfound tariff wealth.
This is nothing other than extortion by DJT on countries in the EU which he hates the most, Japan, Korea and Taiwan who export copious amounts of their products to the US. Canada is in a worse situation since they are unwilling to become the 51st state, so a 35% on Fentanyl excuse will do for now, not that very much if any fentanyl trickles down from our neighbors to the north.
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Mr. Kim pointedly questioned how the United States could keep 90 percent of the profits when the money came from South Korea, calling the idea “hard to understand in a civilized country.”
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Japanese officials have been scrambling to define and explain their positions. Mr. Akazawa, Japan’s top trade negotiator, told the country’s public broadcaster over the weekend that he anticipated only 1 or 2 percent of the $550 billion fund would be deployed as direct investment, with loans constituting the bulk of the remainder.
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https://www.nytimes.com/2025/07/31/b...sultPosition=1