So Trump waved around his “deal” with Japan and the White House let the press run with it. Only problem? Japan says there’s no deal.

This is how fake policy gets made. One side holds a presser. The other side shrugs. The media jumps. And markets get whiplash.

Details:

  • Tokyo never confirmed a deal

  • Japan’s Ministry of Economy, Trade and Industry has not posted any official statement

  • The 15% tariff claim came from Trump, not Japan

  • No joint press release, no signatures, no binding terms

  • Traders in Singapore and London now expect a walk-back before week’s end

Sources:

https://www.fxstreet.com/news/japans-akazawa-there-is-no-difference-in-understanding-on-trade-deal-with-us-202507240641

https://deepnewz.com/japan/japan-envoy-rules-out-legally-binding-trade-pact-u-s-now-2a263c9f



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