Who buys the F-150s, and more Japan deal mysteries
Investors love the trade deal Tokyo struck with Trump. Now for the missing details
THE long-awaited trade deal between the US and Japan has investors celebrating after months of uncertainty. But as the song goes, nagging questions always remain.
Who is going to buy the “cars, SUVs (sport utility vehicles) and trucks” that President Donald Trump has promised to sell? Who is going to purchase the 100 Boeing jets? And what possible structure could the US$550 billion fund, allegedly financed by Tokyo with 90 per cent of profits going to the US, actually take?
Answers are sorely needed, not just because of an already growing comprehension gap between the countries over what was actually agreed, but to inform South Korea and other close US allies who are trying to wrap up similar deals before Aug 1.
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