US President Trump announced on social media that the United States and Japan have reached a trade agreement.
Xinhua News Agency reported that Trump said on Truth Social on Tuesday (July 22) that the equivalent tariff rate of 25% originally imposed by the United States on Japanese imports will be reduced to 15%. Japan will invest 550 billion US dollars in the United States and open up the market for agricultural products such as rice.
The Trump administration recently announced a proposed rule to impose a four-year limit on the study duration of international students in the United States.
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