The leader added that Japan will invest $ 550 billion (about 468 billion euros) in the United States, which will have 90% of profits.
US President Donald Trump announced on Tuesday a trade deal with Japan, which includes 15% rates of rates of imported nippic products for the United States.
“We just completed a huge trade agreement with Japan,” Donald Trump wrote on the Truth Social platform, stating that “there has never been anything like that.”
“A giant agreement, perhaps the largest ever reached,” he stressed.
The leader added that Japan will invest $ 550 billion (about 468 billion euros) in the United States, which will have 90% of profits.
“This agreement will bring thousands of jobs (…) and Japan will open its country to trade, including cars, trucks, rice and other agricultural products,” he said.
Trump’s announcement comes the same day that Japanese negotiator for tariffs, Ryosi Akazawa, said he waited for an agreement with Washington until August 1st.
Until that date, the Trump administration had threatened to impose a 25% tariff on Japanese imports.
On July 11, Japanese Foreign Minister Takeshi Iwayay met with US Secretary of State Marco Rubio during the meeting of the Ministers of Foreign Affairs of the Southeast Asia Nations Association (Asean).
Japan was the fifth largest commercial partner in the United States in 2024, representing 4.3% of all trade and over $ 148 billion (126 billion euros) in imports from the Asian country, according to government data.
