Gasparino: Holdup in Japan tariff deal is on commitment to buy oil
FoxBusiness Charlier Gasparino is X-ing on the Japan tariff deal and tariff concerns:
There is a hold-up in the Japan tariff deal over the level of commitment to buy oil from the Alaska pipeline.
Howard Lutnick remains a key player in tariff negotiations and recently argued to a lawmaker that tariffs won't cause inflation.
GOP lawmakers are voicing real concerns about tariff-related inflation and a potential economic slowdown, with impacts already being felt in Middle America.
Wall Street CEOs say the next 6–8 weeks will be pivotal in determining how big an impact tariffs will have on the economy.
Story is still developing.
The full tweet/X
