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

This article was written by Greg Michalowski at www.forexlive.com.