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13 Apr 2018
US President Trump: Japan has hit us hard on trade for years
The US President Donald Trump's latest tweet reads as follows:
"Would only join TPP if the deal were substantially better than the deal offered to Pres. Obama. We already have BILATERAL deals with six of the eleven nations in TPP, and are working to make a deal with the biggest of those nations, Japan, who has hit us hard on trade for years!"
The markets were taken by surprise yesterday after reports hit the wires that Trump is considering rejoining the Asia-Pacific trade pact. However, optimism, as highlighted by the rally in the US stocks, could be short-lived as the S&P 500 futures are down 0.3 percent.