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Trump a boon for deep-sea mining: industry boss
Trump a boon for deep-sea mining: industry boss
Economy
by  AFP

A leading deep-sea mining company in the paradisal Cook Islands is aiming to start commercial production by 2030, spurred on by Donald Trump's recent backing for the much-maligned industry. Efforts to start commercial-scale production have been dogged by growing calls to ban the industry until its environmental impact is clear.

The Pacific island nation that wants to mine the ocean floor
The Pacific island nation that wants to mine the ocean floor
Economy
by  AFP

A 1,000-tonne ship is exploring the far-flung South Pacific for riches buried beneath the waves, spearheading efforts to dredge the tropical waters for industrial deep-sea mining. Many of the Cook Islands' South Pacific neighbours want to see deep-sea mining banned.

Tokyo's Nikkei leads Asian rally after Japan-US trade deal
Tokyo's Nikkei leads Asian rally after Japan-US trade deal
Economy
by  AFP

Tokyo stocks rallied with the yen Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump's tariffs, including those on the crucial car sector. But Trump said Tuesday that officials had agreed to a "massive" deal that would include a 15 percent tariff on imports from Japan, down from the previously threatened 25 percent.

Trump announces 'massive' Japan trade deal including 15% tariff
Trump announces 'massive' Japan trade deal including 15% tariff
Economy
by  AFP

President Donald Trump said Tuesday that the United States had agreed to a "massive" trade deal with Japan that would include a 15 percent tariff on its exports. - Japan has agreed to "open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things," Trump said.