U.S. Makes 'Largest Trade Deal in History' With Japan; Habba Removed as U.S. Attorney for New Jersey | NTD Good Morning

President Donald Trump is hailing a new trade deal with Japan as the largest in history, opening Japanese markets to more U.S. goods and lowering tariffs on Japanese cars. Japan is also planning to invest $550 billion in the United States and to launch a joint LNG project in Alaska. The announcement sparked a rally in Japanese stocks. The United States also reached trade deals with the Philippines and Indonesia on Tuesday, whereby Filipino goods will be charged a 19 percent tariff, but American goods zero percent.

A panel of federal judges in New Jersey refused to extend the appointment of Alina Habba as U.S. Attorney for New Jersey, instead naming her deputy as a replacement. Department of Justice officials said Habba was pushed out for political reasons, as she is a former lawyer to President Donald Trump. The DOJ removed her deputy hours later. It remains unclear who will now take up the role.

On Capitol Hill on Wednesday, two former ambassadors to Japan and Australia will discuss how they can better cooperate with the United States to counter the CCP's economic coercion. The three nations are working to try to reshape global trade to lessen reliance on China and maintain stability in the Indo-Pacific. The navies of the three countries recently signed a new logistics deal to streamline cooperation should a conflict break out in the Pacific. Meanwhile, the United States is pursuing trade negotiations with China next week in Sweden to discuss tariff deadlines.