July 23, 2025

United States President Donald Trump has announced that he has struck a “massive” trade deal with Japan following months of fraught negotiations.

Under the agreement announced on Tuesday, the US will impose a 15 percent tariff on Japanese exports and Japan will invest $550bn in the US, Trump said.

“We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump wrote on his Truth Social platform.

Read more:

https://www.aljazeera.com/economy/2025/7/23/trump-announces-massive-trade-deal-with-japan