Commerce Sec.Lutnick: Japan lowered their tariff rate by pledging to do investment deals ...Middle East

Japan lowered their tariff rate by pledging to do investment dealssays that 15% tariff is right on the edge where Japan automakers can still produce in Japan.Says that could be a model for the EU does not think big countries can go below 15%. Smaller countries can.When asked if you automakers would get 15% tariff, he did not answer the question.Says that if the EU open their markets, including excepting US cars accepting US products, it would be a giant deal that would appeal to Pres. TrumpPres. Trump is looking for Europeans to completely open their marketsUS will not be selling China their most competitive chipsas China delivers magnets, export controls on Nvidia H20 chips will come off.US will not be selling their hyper missiles to China nor there best chips

Recall the S&P index closed at a record level yesterday. The NASDAQ index did decline after six straight record close days.

This article was written by Greg Michalowski at investinglive.com.

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