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

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

in premarket trading, the US stocks are maintaining their gains but off earlier US morning highs. The Dow industrial average is up 244 points, the S&P index is up 23 points, and the NASDAQ index is implying a gain of 17 points.

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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