US EditionTrump announces ‘massive’ trade deal with Japan with 15% tariffs
UNITED STATES, JUL 22 – The U.S.-Japan agreement cuts tariffs to 15% and secures $550 billion Japanese investment in key U.S. sectors, aiming to boost jobs and ease trade tensions, officials said.
- On Tuesday in Washington, U.S. President Donald Trump announced a massive trade deal with Japan setting tariffs at 15 percent on imports.
- The deal followed months of escalating tariff threats, including a planned 25 percent tariff starting August 1, pressuring Japan into negotiations.
- The agreement lowers tariff rates and expands market access for American vehicles, rice, and select farm goods, while Japan agreed to a reciprocal 15 percent tariff.
- Trump announced that, as part of the agreement, Japan would direct $550 billion in investments to the United States, a move he predicted would generate hundreds of thousands of new jobs.
- Japanese officials have not formally verified the agreement, and the White House has not provided any official documents at this time.
Insights by Ground AI
Does this summary seem wrong?
633 Articles
633 Articles
Why Japanese autos might become more attractive to U.S. customers
A day after the United States reached a trade deal that imposes a 15 percent tariff on imports from Japan, President Donald Trump declared that U.S. business would “BOOM.” But early reads from auto analysts paint a murkier picture - if anything, some experts say, Japanese companies may benefit more than their rivals for now.
·Spokane, United States
Read Full Article
Sydney Morning HeraldReposted by 
The Age
The AgeLost in translation: Trump doesn’t seem to understand the ‘massive’ deal he just made
Donald Trump says there has never been anything like the trade deal just struck with Japan. He’s probably right, but not in the way he thinks.
·Sydney, Australia
Read Full Article
Coverage Details
Total News Sources633
Leaning Left103Leaning Right80Center143Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 32%
C 44%
R 25%
Factuality
To view factuality data please Upgrade to Premium
