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Trump Announces ‘Massive’ Trade Deal with Japan with 15% Tariffs by Lim Hui Jie

President Donald Trump on Tuesday stateside announced that he had made the “largest Deal ever” with Japan, that involves “reciprocal” tariffs of 15% on the country’s exports to the U.S.

  • Trump said that Japan will invest $550 billion into the United States, adding that the U.S. will “receive 90% of the Profits.”
  • He also said Japan will “open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things.”
  • The U.S. president added that the deal would also create “Hundreds of Thousands of Jobs.”  Trump announces ‘massive’ trade deal with Japan with 15% tariffs

Google to Fund NECA Training Program

Google is announcing a new paper and support for an effort to train 100,000 electrical workers and 30,000 new apprentices in the United States. This is Google’s news release: AI presents the United States with a generational opportunity for extraordinary innovation and growth. The deployment of AI will grow the American economy, create jobs, accelerate scientific advances and more. Fully realizing these opportunities requires an effort to rapidly increase the capacity of the nation’s existing, sometimes antiquated energy system. This in turn requires accelerating innovation and investment in advanced energy technologies; optimizing use of the existing grid and unlocking construction of new transmission infrastructure; and developing the labor force needed to build new energy infrastructure. Through shared public and private efforts to introduce and support training programs like this one, the U.S. can develop a model for training the next generation workforce. Google to Fund NECA Training Program – electrifiED

White House Narrows April 2 Tariffs

The White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the U.S.  President Trump has declared his April 2 deadline to be “Liberation Day” for the U.S., when he will put in place what is called reciprocal tariffs that seek to equalize U.S. tariffs with the duties charged by trading partners, as well as tariffs on sectors like automobiles, pharmaceuticals and semiconductors he repeatedly said would be enacted on that day. The administration is now focusing on applying tariffs to about 15% of nations with persistent trade imbalances with the U.S.  Despite economic concerns and global pushback, Trump reiterated his goal of using tariffs to restore trade balance and economic strength.  White House Narrows April 2 Tariffs – WSJ

The First Edition of the Encyclopedia Britannica Is Published on Dec. 10, 1768  The Encyclopedia Britannica, the oldest continuously published and revised work in the English language, was first made available to the public in Edinburgh, Scotland. This monumental work, which would go on to become a cornerstone of knowledge, marked the beginning of a publication that has influenced generations of scholars, students, and curious minds around the world.  The Encyclopædia Britannica was the brainchild of Colin Macfarquhar, a Scottish printer and bookseller, and Andrew Bell, a Scottish engraver. Together, they sought to create an authoritative, comprehensive, and accessible work that would encapsulate the growing body of knowledge of their time.  What began as a small printing project in Edinburgh grew into one of the most influential reference works in the world, providing access to knowledge and intellectual insight for generations, helping to shape the way we think about history, science, culture, and the world around us. Today, the Encyclopedia Britannica is regarded as one of the most influential reference works in the world. Our personal library to help us learn.  I hear  something better is coming along………