The combined business would be owned 50\u002F50 between shareholders of FCA and Groupe Renault.
U.S. President Donald Trump, left, speaks as Shinzo Abe, Japan's prime minister, during a dinner at the Inakaya restaurant in the Roppongi district on May 26, 2019 in Tokyo, Japan.Speaking at a press conference with Prime Minister Shinzo Abe, U.S. President Trump said he hoped to announce a trade deal with Japan very soon.
During a state visit Trump' said his goal was to remove trade barriers so as to give U.S. exports a fair footing in Japan. During his comments, the Nikkei stock market in Japan kept its gains as traders interpreted a largely positive atmosphere between the two men. Trump described the US's trade imbalance with Japan as "unbeleivably large" but he hoped to address that.
"They are brilliant business people, brilliant negotiatiors and have put us in a tough spot but I think we will have a deal with Japan," said Trump.
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