Trump announces trade deal with Japan
The two countries had been at an impasse on trade talks for months.
President Donald Trump on Tuesday announced a trade agreement with Japan, claiming he’d notched a deal with one of the country’s top trading partners.
In a post on Truth Social, Trump said the U.S. will charge a 15 percent tariff on Japanese exports to the U.S. in exchange for a $550 billion investment in the U.S. Japan, he said, will open its market to U.S.-made “Cars and Trucks, Rice and certain other Agricultural Products, and other things.”
