Aug. 31, 2025, 6:21 p.m.

USA

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The US and Japan reached a trade agreement. Trump: Japanese products will be subject to a 15% tariff

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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.

 

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