💨 Abstract

Donald Trump announced a significant trade agreement with Japan, describing it as potentially the largest ever. The deal includes reciprocal 15% tariffs on Japanese goods imported to the U.S. and a $550 billion investment from Japan. Trump claimed the U.S. will receive 90% of the gains, though details were not specified. The agreement aims to open Japan's market to U.S. products like autos and rice, creating hundreds of thousands of jobs.

Courtesy: WTOP Staff