Does it smell like a backroom deal keeping Trump silent on Japan?- check out the Nikkei 225

As noted here earlier today the prospect of a 10% trade tariff on Chinese exports to the US is what sent all the Chinese stock markets lower today. As covered a few times already, those losses were in contrast to the gains seen in the Nikkei 225. The Japanese index closed 0.87% higher today, at 39,646, where the CSI 300 closed 0.93% lower. Subsequent to that there have been some headlines from Japanese officials suggesting a deal is on the table and reading between the lines this smells of a backroom deal between Japan and the US. This is not in any way confirmed here though, but here is the following synopsis- Trump holds off on Japanese trade tariffs in return for a massive Japanese investment (via SoftBank) in the newly announced super AI centre in the US. That could be seismic for the Nikkei 225, but at the same time it has implications for the Yen and the dollar. The Nikkei 225 reached a new all time high last year at 42,426. Well, as you can see, the index is not anywhere close to that yet in 2025, but it is heading back that way right now