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Trump announces U.S.-Japan trade deal

CNN · New
CNN
CNN
New

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
International PoliticsEconomy