This is how fake policy gets made. One side holds a presser. The other side shrugs. The media jumps. And markets get whiplash.
This is becoming more and more farcical 🤭 https://t.co/vZvU8ACcPn pic.twitter.com/0XhJYcGvn5
— JustDario 🏊♂️ (@DarioCpx) July 24, 2025
Details:
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Tokyo never confirmed a deal
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Japan’s Ministry of Economy, Trade and Industry has not posted any official statement
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The 15% tariff claim came from Trump, not Japan
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No joint press release, no signatures, no binding terms
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Traders in Singapore and London now expect a walk-back before week’s end
Sources:
https://deepnewz.com/japan/japan-envoy-rules-out-legally-binding-trade-pact-u-s-now-2a263c9f