Trump announces 'massive' trade deal with Japan
Published: 7/23/2025

Trump announces 'massive' trade deal with Japan, including investments and tariff changes. Japan plans to open its economy to US goods like cars, rice, and agricultural products. The deal worth $550bn involves a 15% reciprocal tariff, easing tensions over potential higher tariffs on Japan's exports to the US. Trump hints at more agreements with the EU, as Japanese carmakers Toyota, Nissan, and Honda see stocks rise with the expected tariff cuts.