President Trump on Tuesday announced that his administration had signed an agreement with Japan on trade, which would put a 15 percent tariff on Japanese goods to the US.
Trump posted on the truth social that Japan would invest $ 550 billion in projects in the United States, although he did not say what those investments would be. He also said that Japan would open its markets for American automobiles, rice and other agricultural products.
Trump said Japan would pay 15 percent tariffs to export its goods to the United States. It’s less than 25 percent tariff Trump threatened to impose on Japan starting on 1 August.
“This is a very exciting time for the United States, and especially for the fact that we will always maintain a great relationship with the country of Japan,” Trump posted.
Japan is one of the largest trading partners in the United States. America Exported about $ 80 billion In 2024, in Japan in goods, while Japan exported about $ 148 billion to the United States.
Trump is announcing a series of trade deals with other countries, which leads to August 1, when they have threatened to raise tariffs on business partners. The increase in tariffs comes after the President widely supported the “mutual” tariff against dozens of other countries.
chairman Earlier announced on Tuesday After his leader, the figure of a business agreement with the Philippines met with Trump at the Oval Office. the White House Have been touched before Agreements with United Kingdom, Indonesia and Vietnam, as well as a framework with China.
