Trump’s Japan trade deal card was altered by hand

President Donald Trump’s art of agreement seemed to be playing in real time on Tuesday.

Trump announced that he said a “big” trade agreement with Japan. Real social The platform on Tuesday night, when the president says it contains 15% tariff rate and $ 550 billion investment. However, the details of this agreement on a card on Trump’s desk show inconsistencies and last -minute arrangements according to a published photo. Dan ScavinoWhite House Deputy Chief of General Staff.

The card on Trump’s desk shows 10% tariff in addition to 15% tax rate in automotive, medicine and semiconductor industries. However, Trump said that Japan will face 15%in Social only in Social.

“Japan will pay 15%mutual tariffs to the United States.”

Under the tariff ratio, the phrase “$ 400” appears on the board with capital letters. Fourth place, “500” is written on it.

Apparently, Japan refers to the plan to invest in the United States, as explained by Trump in social media mission. However, Trump said that the Asian country would deposit 550 billion dollars in the United States and used a different figure even from the modified amount.

Annex $ 50 billion is not clear where it came from.

“Japan will invest 550 billion dollars in the United States, which will receive 90% of the profit in my direction,” Trump said. “This agreement will create hundreds of thousands of jobs – such a thing happened.”

The White House did not comment on the request for an explanation about CNBC’s tariff rate or total investment amount. It is not clear whether the card difference is the result of Trump, spelling errors or last -minute negotiations made by something else. It was not clear who changed the $ 400 billion figure.

Trade Secretary Howard Lutnick seemed to have received a loan for the board of directors in an interview with Bloomberg on Wednesday morning, but did not directly handle arrangements or inconsistencies.

Im I created the big board and put it there, Lut Lutnick said. “But the answer is: The United States Chief of the United States is sitting behind the table. Donald Trump sits there.”

Treasury Secretary Scott Bessent, in an interview with Bloomberg on Wednesday morning, said that Japan has received 15% in cars despite the higher rates of automobile manufacturers of some other countries, because they offered both equity loans and financing guarantee for major US projects. This statement came in response to the question of whether trade partners can no longer expect to see 15% tariff during the negotiations.

“This is a different agreement.” He said. “They received 15% of this innovative financing mechanism. “

Wall Street was slightly confused with the conditions of the agreement.

Andy Laperriere, President of the US Policy Research in Piper Sandler, said that Japanese officials “described it differently” when it comes to an investment plan. Japan’s leaders, including a border and government loan guarantees of $ 550 billion, he said.

Laperriere, in the Wednesday note to the customers, “Given that the Japanese believes in the bullying of this commitment, they do not think that their economic personal interests are almost absolutely walking.”