What the US-Japan deal means for Asia and the world

The US-Japan trade deal is hailed as significant for the global economy, benefiting Japanese exporters, especially auto giants like Toyota and Honda, with reduced tariffs on cars exported to the US. Japan plans to invest $550 billion in the US, creating jobs and fostering innovation. The agreement also impacts other Asian countries like South Korea, Vietnam, and Indonesia, who face pressure to secure similar trade agreements with the US before an August deadline.