President Donald Trump unveiled what he called the “largest trade deal in history” Tuesday night — a sweeping agreement with Japan that includes 15% reciprocal tariffs on Japanese imports, major openings in agriculture, and a $550 billion investment from Japan into the U.S. economy.
Speaking at a reception with Republican lawmakers, Trump said the agreement would create “hundreds of thousands of jobs” and give the U.S. access to Japan’s markets for cars, trucks, rice, and other key products. Japanese automakers will now face 15% tariffs — lower than the 25% levied on other global competitors — giving them a notable edge.
Japanese officials also hailed the deal. Prime Minister Shigeru Ishiba described it as a landmark arrangement for both economies, while Japan’s chief negotiator, Ryosei Akazawa, confirmed Tokyo would invest $550 billion into U.S. sectors such as pharmaceuticals and semiconductors.
The agreement follows months of tense negotiations and marks a major shift in U.S.-Japan trade relations. It also comes as the Trump administration pressures allies to curb economic ties with China in favor of new U.S. partnerships.
