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During trade talks, Japan presented Trump with a 'Made in China' piggy bank, highlighting the complexities of global supply chains amid trade tensions. Negotiations aim for a swift deal, but Japan is hesitant to concede on key issues like agriculture due to domestic political concerns and auto tariffs.

Trump placed tariffs totaling 145% on China, leading China to retaliate with tariffs of 125% on the U.S. — essentially triggering a trade war between the world’s two largest economies with the potential to bring on a recession.