US-Japan trade deal guarantees lowest tariff rates for chips, pharma, Japanese official says
1. Japan secures lowest tariff rates on chips and pharmaceuticals in US trade deal.
FAQ
Why Bullish?
The guaranteed lowest tariff rates may benefit Japanese companies, indirectly supporting EWJ's performance. Historical trade deals often led to improved economic conditions for sectors involved.
How important is it?
The article discusses significant trade advantages for Japan that could lead to economic benefits, crucial for EWJ investors.
Why Long Term?
Improved trade conditions can foster sustainable growth in Japanese technology and pharmaceuticals sectors, positively impacting EWJ over time.