Japan’s top trade negotiator Ryosei Akazawa said on Wednesday that he aims for steady progress in tariff negotiations with the US as losses at the country’s automakers from the tariffs constantly increase.

Chinese EV maker expanding presence in Southeast Asia

US President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday with a mix of credits and relief from other levies on materials, and his trade team touted its first deal with a foreign trading partner.

Markets rose Tuesday following news that Donald Trump is set to let auto makers off some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war.

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Exports in March up 17.8%, reaching highest level in three years

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China on Tuesday blamed US tariffs for Beijing’s decision to stop accepting new aircraft from aviation giant Boeing.