President Donald Trump announced a long-awaited trade agreement with Japan on Tuesday night, a framework between the allies and major trading partners that appeared elusive just weeks ago.
Breakdown
- Trump announced the signing of a major U.S.-Japan trade deal.
- The agreement includes a 15 percent reciprocal tariff and a $550 billion Japanese investment in the U.S. 8s
- Both countries will lower auto tariffs to 15 percent. 18s
- Japan will open trade for U.S. rice, cars, trucks, and other products. 26s
- Japan is the largest foreign holder of U.S. Treasuries and a key trade partner. 40s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.