Trump announces a trade deal with the United States with Japan, maintaining definitions star-news.press/wp

President Donald Trump announced a trade agreement with Japan late on Tuesday, the second agreement that he announced itself in one day early with the Philippines.

The president said the commercial deal will put a 15 % tariff on Japanese imports of the United States and forcing Japan to buy US products worth $ 550 billion.

“We have just completed a huge deal with Japan, and perhaps the biggest deal ever,” Trump He wrote in a social media publication. “Japan will invest, in my direction, $ 550 billion in the United States, which will receive 90 % of the profits.”

“Perhaps most importantly, Japan will open its country to trade including cars, trucks, rice, some other agricultural products and other things,” he added.

No other details about the agreement were available, and the Trump administration was sometimes slow to share official conditions. Trump described the deal during an evening reception at the White House.

“They had the best people here, and we worked on it for a long and difficult period. It is great for everyone,” Trump said.

The Japanese embassy in Washington did not immediately respond to a request for comment.

The agreement, if confirmed, indicates a broader protectionist shift in politics that defines the highest American tariff in a century. Japan is the sixth largest American trading partner with imports of $ 192 billion in 2024, For all federal data. American exports to Japan amounted to $ 129 billion last year.

The Trump administration signed a limited trade agreement with Japan in 2020. In contrast, Washington agreed to do the same for some of the Japanese manufactured goods such as bicycles or musical instruments.

This deal came out of the window in early April when Trump imposed an import tax by 24 % to start his global campaign “mutual tariff”. These drawings, including Japan, later to allow more time for negotiations to play.

Trump later prepared Japanese car exports and rice sales as controversial pieces of conversations. In the end, Japanese Prime Minister Xigero Ishiba received a 30 % tariff on Japanese products if an agreement was not reached by August 1.

Earlier in the day, Trump also announced a deal with the Philippines that left a 19 % tariff on imported products from there. Philippine President Ferdinand Marcus was among two international leaders who obtained a warning letter from a very slope tariff. It is a little less than a 20 % tariff threatened in Trump’s message.