News 

Explainer: Details on car tariffs fuzzy as U.S., Japan head for trade deal

“Japanese auto exports account for about two-thirds of the U.S. trade deficit with Japan and the added tariffs would deal a blow to the country’s trade-reliant economy” writes Midwest Communications Inc for 95kqds.com. Top Japanese officials, however, said a deal had yet to be clinched.Japanese officials from Abe on down have said that under a September 2018 agreement, the United States would not impose added auto tariffs while trade talks were under way.U.S. technology industry officials say they expect a digital trade agreement with Japan to be closely aligned with…

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Japanese officials cautious on prospects for US trade deal

“A long-sought trade agreement with Japan was scrapped when Trump withdrew the U.S. from a pan-Pacific trade agreement shortly after taking office in 2017” writes The Associated Press for seattletimes.com. TOKYO (AP) — Officials in Japan appeared wary over the prospects for a trade deal with the U.S. after President Donald Trump said he was prepared to sign a pact soon.Japan and the other 10 remaining members of the trade pact, the Trans-Pacific Partnership, then renegotiated their own deal without the U.S. Trump said he preferred that Washington and Tokyo…

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Trump says he reached interim trade deal with Japan, but details remain scarce

“Ford Motor Co. withdrew from the market in 2016 after years of woeful results, which it blamed on Japanese trade barriers” writes Financial Writer Covering for washingtonpost.com. Coming to terms with Japan is especially important because Trump withdrew from an earlier Pacific trade deal, the Trans-Pacific Partnership (TPP), on his fourth day in office.The president said he also plans to reach an “executive agreement” regarding digital trade, a focus of industries from financial services to retail.The statement came less than a month after Trump announced an agreement “in principle” with…

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Markets News Oil Stocks 

Why Analysts are Shifting Bullish After Big US Stock Market Bloodbath

“However, Doug Cote, chief market strategist at Voya Investment Management, said that several years ago, such an incident would have triggered a 5% drop in the stock market, emphasizing that the U.S. stock market has grown to become more resilient in the past two to three years” writes Joseph Young for ccn.com. Consequently, the U.S. stock market saw its recent momentum dwindle as the Dow Jones ended its two-month-long win streak.Ironically, China, whose economy has been on a decline in recent months, could prevent the U.S. stock market from a…

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Trump says U.S. reaches trade deal with Japan

“WASHINGTON (Reuters) – President Donald Trump said on Monday the United States has reached an initial trade agreement with Japan” writes Midwest Communications Inc for 95kqds.com. In a letter to Congress released by the White House, Trump said he intends to enter into the deal on tariff barriers in the coming weeks.He said he will also be entering into an executive agreement with Japan regarding digital trade. Washington and Tokyo agreed to the core elements of a trade deal last month on the sidelines of a Group of Seven Summit,…

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GBP News 

‘Flaw’ in legislation passed by MPs means PM may still be able to seal no-deal Brexit

“Boris Johnson could bypass a law stopping him from delivering a no-deal Brexit by exploiting a major loophole in the legislation, a legal expert has claimed” writes Benjamin Kentish for independent.co.uk. Mr Maugham suggested that Mr Johnson could therefore simply refuse to bring forward the Withdrawal Bill, which is needed to implement the deal in law.Under the terms of the Benn Act, Mr Johnson must ask the EU for a further delay to Brexit if MPs have not approved an exit deal by 19 October.The loophole means that the prime minister would be able to…

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News 

Flyers, Konecny agree to six-year, $33M deal

“Restricted free agent forward Travis Konecny and the Philadelphia Flyers agreed to terms on a six-year, $33 million deal, the club announced Monday” writes Midwest Communications Inc for 95kqds.com. The first-round pick (24th overall) by the Flyers in 2015 has 124 points (59 goals, 65 assists) over 233 games in his three-year NHL career, all with the Flyers.His speed, skill and tenacity sets him apart in today’s NHL.” Last season, Konecny collected 24 goals and 25 assists for 49 points, the latter two categories being career highs. Source: 95kqds.com

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