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TRADE WAR

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Trump has announced a trade agreement between the United States and Japan and will apply 15% limit taxes to each other

The President of the United States threatened to impose a 25% limit on imports from Japan.

trump-aranceles-efe
Trump, in a stock image. Photo: EFE

EITB

Updated

U.S. President Donald Trump has announced a trade agreement with Japan that includes 15% limit taxes on each other. 

According to the Truth Social social network, this is a "huge deal, perhaps the largest ever reached." Trump has also advanced that Japan will invest $550 billion in the US.

The trade agreement will allow, according to Trump, the sale of U.S. cars, trucks, rice and agricultural products in Japan. 

Hours earlier, theJapanese negotiator , Ryosei Akazawa , announced that he wants to reach an agreement withtheUnited States before 1 August . 

Before the deal,Trump had threatened to impose 25% tariffs on Japanese imports. 

United States Japan Trade

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