Page 3 - Auto Tariffs News Today

The vip special effort of courting trumps favor. >> japan sends us millions and millions of cars, and we tax them virtually not at all. >> reporter: after threats of damaging auto tariffs, abe and trump are in the midst of bilateral trade negotiations. as one of japans largest export markets, the u.s. is a partner japan cannot afford to lose as its economy slows. but japan may find leverage after a dramatic failure of u.s. trade talks with china this month. on matters of security, north koreas r...

Plated golf clubs. after the green, trump heads to a sumo wrestling match where hell have a chance to prevent a trump cup to the winner. its to be followed by a dinner where the meat will be prepared just the way the president likes, probably well done, maybe even with a side of catsup. on the previous trip, he enjoyed similar fare where they sat down to eat an american-style hamburger. the vip treatment led to speculation of an effort to court trumps favor as deeper policy issues loom. >> japan...

An american style hamburger. the vip treatment has led to speculation of a calculated effort to trumps favor. after threats of damaging auto tariffs abe and trump are in the midst of bilateral trade negotiations as one of japans largest export markets, the u.s. is a market japan cannot afford to lose. but japan may find leverage after a dramatic failure of u.s. trade talks with china this month. on matters of security, north koreas resumption of missile testing has rattled many in nearby japan w...

President trump kicking off his 4-day visit to japan with plans to meet emperor and prime minister shinzo abe, the two countries are getting closer to reaching a deal. chief white house correspondent john roberts live in tokyo, hi, john. >> arthel, good afternoon to you, the president delayed for 180 days decision on auto tariffs, that has taken heat off, to what you were saying, back at the beginning of may, japan enthroned new emperor narohito, son of previous emperor, ushers in new era call r...

The. the president trump has met with shinds o abe a dozen times. and countless phone calls. why has abe put so much effort into this relationship. >> >> well prime minister abe has put u.s. japanese recommendations, the alliance there as a center piece of his agenda, ana. youre right, abe was the first foreign leader to visit the president after his election. theyve spoken. the two leaders have spoken more than 40 times. in fact president trump has spoken to abe more than any other foreign lead...

Know -- backed off the auto tariffs with japan which at least six months heading into the meeting. so without hearing more from what has been discussed we have to wait and see whether or not theyre making progress. >> caren, the trade war topic raises an interesting question because "the new york times" had a piece about trumps policy in the the rust belt and midwest about these nchgtly impacted in the tariffs. yet they cheer him on. one blue collar worker said what i want from the president is ...

Steel and aluminum tariffs as opposed to trying to unite the world against china? >> i do think that was a mistake. my own view is we should have gone after china, mexico, canada, the eu, aluminum, steel, all of those things should have been put aside until we went on a united basis, pushing back against china. but the president has his own negotiating strategy. perhaps it will work out in the best at the end. the deal that hes worked out with mexico and china is better than the current nafta de...

Those chinese tariffs lit states politically that could be impacted in 2020. the top ten states will be hit the hardest, eight of them voted for president ufrp are the in 2016 which on the surface would be bad news in 2020. while he could lose support in indiana and kansas, these states arent likely to switch, they may be willing to take pain if it means pushing back against china. keep an i didneye on the senate in places like iowa and texas. not all red states are created equal which is why it...

Steel and aluminum tariffs as opposed to trying to unite the world against china? >> yeah, i do think that was a mistake. i think -- my own view is we should have gone after china and mexico, canada, the eu, aaluminum, steel, all those things should have been put aside on a united basis. the president has his own strategy. perhaps it will work out the best in the end. the deal hes worked out with mexico and china is better than the current nafta deal. hes gotten some progress. but, look, for me,...

>> translator: trade, immigration and iran. president delayed auto tariffs and making a deal with canada and mexico to end aluminum and steel fears. to allow a sharper focus on the bigger trade war with china. the president also unveiled a new immigration plan. not only is it a nonstarter for democrats, it was an instant dud with fellow republicans. and a week that began with muscular rhetoric about iran ended with word the president told his acting defense secretary he is in no mood for war. an...