CNA938 Rewind - 15% tariff rate: Is it a win for Japan?
US President Donald Trump has announced a trade deal with Japan that will result in the latter investing US$550 billion into the United States and paying a 15 per cent reciprocal tariff. This is down from the previous 25% rate. How much of a win is this for Japan? Andrea Heng and Hairianto Diman spoke with Emeritus Professor Naoyuki Yoshino, Faculty of Economics, Keio University and Former Dean & CEO, Asian Development Bank Institute, to find out.