Trump Announces Trade Deal with Japan Amid Tariff Threats and Unprecedented Financial Promises

Former President Donald TRUMP revealed a new trade agreement with Japan through a post on Truth Social, following weeks of tariff threats. The deal includes a pledge from Japan to inject $550 billion into the U.S. economy, with Trump claiming the U.S. would receive 90% of the profits. No detailed timeline or investment breakdown was provided.

The announcement comes days after Trump sent a formal tariff notice to Japan, warning of a 25% levy on exports starting August 1 if no agreement was reached. Earlier, on April 2, he had proposed a 24% tariff during what he termed 'Liberation Day' tariffs. The finalized deal now sets tariffs at 15%, framed as a 'reciprocal' arrangement.

Trump stated Japan agreed to open its markets to U.S. exports, including automobiles, agricultural products like rice, and other goods. He projected the deal would create 'hundreds of thousands of jobs,' though specifics remain unclear. The WHITE House has yet to release official documentation outlining how the $550 billion investment will be managed.