Trump, Trade Deal
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Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.
Japanese automakers breathed a sigh of relief after U.S. President Donald Trump finalized a trade agreement last week. However, the relief is tempered by intensifying competition, especially from China,
1don MSN
Trump's trade deals are set to unleash an 11% rally for stocks through year-end, Oppenheimer says
Trump's trade deals with the EU and Japan pave the way for the stock market to end with it's third straight annual gain of more than 20%, Oppenheimer said.
"We're in much better shape because it's now clear that if there's gonna be a real trade war with anyone, it would just be with China," Secretary Ross tells Fortune.
The euro rose on Monday following a framework trade deal reached over the weekend between the United States and the European Union.