Trump announces 'massive' trade deal with Japan

By Diyar Guldogan

WASHINGTON (AA) - US President Donald Trump announced a "massive" trade deal with Japan on Tuesday.

"We just completed a massive Deal with Japan, perhaps the largest Deal ever made.

"Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits," he wrote on his Truth Social platform.

Trump said the deal will create hundreds of thousands of jobs and added that Japan will open their country to trade, including cars, trucks, rice and certain agricultural products.

"Japan will pay Reciprocal Tariffs to the United States of 15%," he added.