Trump announces 'massive' trade deal with Japan with 15% reciprocal tariffs
1. Trump announces a significant trade deal with Japan involving 15% tariffs. 2. Japan to invest $550 billion in the U.S., with 90% of profits going to the U.S. 3. The deal aims to create 'hundreds of thousands' of jobs in the U.S. 4. Japanese auto exports are crucial, comprising 28.3% of their shipments in 2024. 5. Trump previously threatened a 25% tariff that would raise import costs.