President Donald Trump announced that his administration had “completed a massive” trade deal with Japan, under which Japan would pay a 15 percent reciprocal tariff rate and would invest $550 billion in the United States.
In a post on Truth Social, Trump explained that this deal would “create Hundreds of Thousands of Jobs” and Japan would “open their country” to trade on things such as “Cars and Trucks, Rice and certain other Agricultural Products.” Trump added that the U.S. would receive 90 percent “of the profits” from Japan’s investment.
“We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump said in his…
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