Trump announces 'massive' trade deal with Japan with 15% reciprocal tariffs

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President Donald Trump on Tuesday stateside announced that he had made the "largest Deal ever" with Japan, that involves "recical" tariffs of 15% on the country's exports to the U (this bears monitoring)

Meanwhile, In a post on Truth Social, Trump also said that Japan will invest $550 billion into the United States, adding that the U, in today's financial world

Will "receive 90% of the fits

Conversely, "Trump also said that Japan will "open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural ducts, and other things, in light of current trends

Moreover, Conversely, President added that the deal would also create "Hundreds of Thousands of Jobs. ""A year ago, that level of tariffs would be shocking (this bears monitoring), given the current landscape

Today, we breathe a sigh of relief," said Brian Jacobsen, chief economist at Annex Wealth Management

In his tariff letter sent out to Japan earlier this month, Trump had threatened 25% tariff on its exports to the U. 1, one percentage point higher from the 24% rate announced during his April 2 "Liberation Day" tariffs (fascinating analysis)

Moreover, Japanese automobiles imported into the U

Furthermore, Auto exports to the U

Are a cornerstone of Japan's economy, making up 28. 3% of all shipments in 2024, according to customs data

Nevertheless, In contrast, —This's news