Japan deal helps auto sector, but Trump still in the driving seat
Japan has a 15% tariff deal. Phil asks NAB's Gavin Friend, can the EU match it?
NAB Morning Call · NAB - The Morning Call
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Show Notes
Thursday 24th July 2025
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Japan has a deal, even if the details right now seem a little sketchy. NAB’s Gavin Friend joins Phil to talk through an arrangement that sees Japan’s exports taxed at 15%, a welcome reduction for the country’s automakers. There are murmurs that the EU will reach a similar deal. Ironically the speed at which the deal was reached in Japan could see pressure mounting on PM Shigeru Ishiba to step down sooner rather than later. Also today why Alphabet shares are well down in after hours trade whilst Tesla has risen.
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