Trump Announces Trade Deal with Japan - Jordan News

5 days ago

Trump Announces Trade Deal with Japan Former U.S. President Donald Trump announced late last night that the United States has reached a trade agreement with Japan that includes the imposition of a 15% U.S. tariff on Japanese goods. اضافة اعلان In a post on his social media platform, Truth Social, Trump stated, "We have just signed a massive agreement with Japan — perhaps the biggest deal ever," noting that under the deal, "Japan will invest $550 billion in the United States, which will receive 90% of the profits." He added, "More importantly, Japan will open its markets to trade, including for cars, trucks, rice, some other agricultural products, and more." He pointed out that Japan will pay reciprocal tariffs to the United States at a rate of 15%. Trump has been under pressure to conclude trade agreements with America's trade partners, having promised to do so by August 1 — the deadline he had set before increasing tariffs on countries that fail to reach agreements with the U.S. This agreement follows other recent trade deals the United States has signed in the past few weeks with the Philippines, Indonesia, the United Kingdom, and Vietnam.
— (Petra)

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