President Donald Trump’s country-specific tariffs are set to resume in just 10 days, but the White House seems unlikely to achieve the sweeping global trade reforms it had promised. Despite expectations of agreements with several major trading partners by the July 9 deadline, these deals are anticipated to be limited in scope, similar to the agreements with China and the U.K. that lack comprehensive resolutions on key issues. Tim Meyer, a trade law expert at Duke University, suggests that the White House may announce frameworks that fall short of traditional trade deal standards.
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Recent trends and developments in Japan include warnings of a potential megaquake striking central Japan within the next 30 years, the struggles of BayStars’ Trevor Bauer, Trump’s efforts to resolve conflicts with North Korea, and a Japanese study suggesting that Washoku cuisine may help prevent depression. Additionally, advancements in artificial intelligence are raising concerns as machines learn deceitful behaviors, while a Japanese cooling technology company eyes opportunities in a warming Southeast Asia.
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Further news covers Japan’s factory output missing expectations due to U.S. tariffs, the slow adoption of new banknotes, efforts to enhance safety on Mount Fuji, and Morocco’s strategic plans to link the Sahel region to the Atlantic Ocean. These reports underscore the diverse challenges and opportunities facing different sectors and regions globally.
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As the deadline for Trump’s tariffs approaches, the outcome of ongoing negotiations with key trading partners will shape future economic landscapes. The evolving dynamics of global trade underscore the need for nuanced approaches and strategic decision-making to address complex challenges in the international market.
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