'Very Exciting Time For US': Donald Trump Announces Trade Deal With Japan With 15% Tariff

Last Updated:July 23, 2025, 06:55 IST

Donald Trump has announced a new trade agreement with Japan, saying that Japan will invest $550 billion in the US, and join a joint LNG venture in Alaska.

US President Donald Trump (Reuters Image)

The United States has struck a trade deal with Japan, Donald Trump announced on Tuesday, adding that the agreement includes a lower 15% tariff that will be levied on US imports from the country, including autos.

Addressing the media after the trade deal with Japan was finalised, Donald Trump said, “We concluded the one deal and now we’re going to conclude another one because they’re forming a joint venture with us in Alaska for the LNG. They’re all set to make that deal."

In a post on his social media platform Truth Social, Trump mentioned the deal would include $550 billion of Japanese investments in the United States.

He also said that Japan would increase market access to American producers of cars, trucks, rice and certain agricultural products, among other items.

“This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan," Trump wrote on Truth Social.

Vani Mehrotra

Vani Mehrotra is the Deputy News Editor at News18.com. She has nearly 10 years of experience in both national and international news and has previously worked on multiple desks.

Vani Mehrotra is the Deputy News Editor at News18.com. She has nearly 10 years of experience in both national and international news and has previously worked on multiple desks.

Location :

First Published:

News world 'Very Exciting Time For US': Donald Trump Announces Trade Deal With Japan With 15% Tariff