Trump announces Japan trade deal after weeks of fraught negotiations | Japan

Donald Trump announced a trade agreement with Japan, potentially solving the negotiations between two allies, which caused political turmoil and economic uncertainty in Tokyo.

“We have completed a major agreement with Japan, ında in an online mission, the US President announced that“ Japan will invest in my direction 550 billion dollars in my direction, ”he added.

There was no immediate comment from Japan, and most of the details of the agreement remained uncertain.

On Tuesday evening, Trump said that Japanese imports would encounter a 15% tariff and that this month would encounter an improvement in 25% of it threatened to impose it as of August 1st.

He also claimed that Japan would open the market to US products, including cars, trucks, rice and some agricultural products – most of them proved that it was a point of adhesion in negotiations.

It was unclear how much the import rate of US imports would be accused of the agreement within the scope of the agreement.

Japanese Prime Minister Shigeru Ishiba, the coalition last weekend after the loss of the majority of the upper house in the elections reportedly attributed its fate to the success of tariff negotiations.

On Wednesday, the Yomiuri newspaper reported that he plans to hold a press conference to announce a decision about his future as a prime minister after the result of the tariff negotiations.

Japan’s senior tariff negotiator Ryosei Akazawa is in the eighth round this week. Japan’s Asahi newspaper Akazawa’nın Tuesday, the White House met with Trump.

With Reuters