Trump announces a “huge” trade deal with Japan by 15 % of the customs tariff star-news.press/wp

US President Donald Trump announced on Tuesday that he had concluded the “largest deal ever” with Japan, which involves a “mutual tariff” by 15 % on the country’s exports to the United States

In a post on social truth, Trump also said that Japan would invest $ 550 billion in the United States, adding that the United States “will receive 90 % of the profits.”

Trump said that Japan “will open its country to trade including cars, trucks, rice, some other agricultural products and other things.”

The US President added that the deal will create “hundreds of thousands of jobs.”

Shortly after the advertisement, the best commercial negotiator in Japan, Riosi Akazawa, Post about the deal on xExpressing “cardiac thanks to all concerned” and “#acceptance”, according to Google’s translation of his statements in Japanese.

Trump said in a speech later that Japan and the United States have also reached an additional deal that includes the accompanied natural gas, adding that “we have (A) Europe (the deal) is coming tomorrow”, without specifying any details.

“A year ago, this level of definitions will be horrific. Today, we breathe a sigh of relief,” Brian Jacobsen, chief economist at Annex Wealth Management, told CNBC.

The public broadcaster in Japan NHK I mentioned A car tariff will be reduced to 15 % of the current 25 % – imposed across countries – cited by a Japanese official. Cars to the United States is the cornerstone of the Japanese economy, and it constitutes 28.3 % of all shipments in 2024, According to customs data.

In his introductory message that was sent to Japan earlier this month, Trump threatened 25 % of the country’s exports to the United States from August 1, a percentage higher than the 24 % average rate announced during the “Tahrir Day” tariff on April 2.

The announcement of Tuesday comes a few days after the loss of Japanese Prime Minister Shigro Eshiba, the majority of his majority in the House of Representatives elections, which raised fears of undermining the situation of negotiations with the country with the United States

“For Prime Minister Ishiba, a favorable American trade deal can help avoid the movement of distrust or internal challenge from the Liberal Democratic Party (the liberal Democratic Party),” HSBC said on Monday.

Ishiba said after the Supreme Cabinet lost it will remain as prime minister, but the Japanese media Yuimori mentioned early on Wednesday He will decide whether he will remain on his position after assessing the progress of tariff negotiations, according to Google’s translation of the report in Japanese.