Trump Strikes Japan Tariff Deal
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11hon MSN
Japan PM Ishiba denies reports saying he may resign soon, says he wants to oversee U.S. tariff deal
Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.
With the tariff deal with the US paving the way for his possible departure, Japanese media said he is expected to soon announce plans to step down in August.
President Trump's new trade deal with Japan includes a 15% tariff on exports to the U.S., up from earlier rates. CBS News MoneyWatch correspondent Kelly O'Grady breaks down how this could impact major automakers.
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