Trump Announces ‘Massive’ Trade Deal with Japan, 15% Tariff, $550 Billion Investment

In a post on Truth Social, Trump explained that this deal would “create Hundreds of Thousands of Jobs” and Japan would “open their country” to trade on things such as “Cars and Trucks, Rice and certain other Agricultural Products.” Trump added that the U.S. would receive 90 percent “of the profits” from Japan’s investment.

“We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump said in his post. “Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits.”

Trump continued: “This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it. Perhaps most importantly, Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things.”

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