Trump announces ‘massive’ trade deal with Japan with 15% reciprocal tariffs
US President Donald Trump speaks at a joint press conference with Japanese Prime Minister Shigeru Ishiba at the East Room in the White House in the Washington DC on February 07, 2025.
Andrew Harnik | Getty Images News | Getty Images
US President Donald Trump announced in Tuesday that he had made the “biggest agreement with Japan so far”, which contains 15% “mutual” tariffs in the country’s exports to the United States
In an article on real Social, Trump also added that Japan will invest $ 550 billion in the US and the US will “get 90% of profit”.
Trump also said that Japan will “open their countries to trade, including cars and trucks, rice and some other agricultural products and other things”.
The US President added that the agreement would create “hundreds of thousands of work”.
“A year ago, these tariffs level would be shocking. Today, we take a sigh of relief.”
In a tariff letter sent to Japan at the beginning of this month, Trump threatened a 25% tariff in exports to the United States since August 1;
Japanese cars imported to the United States already attract 25% tariff in accordance with the rest of the countries. Automatic exports to the USA is the cornerstone of the Japan economy and constitutes 28.3% of all posts in 2024, According to customs data.
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