Trump announces ‘perhaps the largest deal ever made'
The agreement includes a 15 per cent tax on goods imported from Japan, a reduction from the 25 per cent rate previously threatened.
Trump stated Japan would invest $550 billion into the US and open its market to American-made vehicles as well as 'rice' and 'other things'.
Japanese Prime Minister Shigera Ishiba confirmed the new trade agreement, asserting it would benefit both nations and foster cooperation.
The announcement led to a 2.6 per cent rise in the Tokyo stock market, with major Japanese automakers experiencing significant share increases, though American automakers voiced concerns over the deal's terms.
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The Sun
18 minutes ago
- The Sun
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Reuters
18 minutes ago
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The Guardian
18 minutes ago
- The Guardian
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