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Trump denies intention to impose fees on Japanese cars

Japan cars

US President Donald Trump has earlier denied his intention to impose new tariffs on cars imported from Japan. In some of his earlier statements, Trump has indicated that he has reached a preliminary agreement that will shape U.S.-Japan trade in the coming period, adding that the trade agreement is scheduled to be signed at the next U.N. meeting.

For his part, Japanese Prime Minister Shinzo Abe stressed in press statements that his country hopes to achieve good results in the upcoming trade talks between the United States and China ending the negative consequences that arise from the continued escalation of trade war between them, pointing to the damage The world economy has had the greatest luck, slowing down as well as increasing fears of a possible economic recession.

The trade war between the world's two largest economies began when the two sides exchanged customs duties on goods imported from each other, and since then the escalations between the two countries have not stopped and the negative consequences of world markets as a result of this war have not stopped.

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