Trump slashes tariffs on Japanese cars after striking trade deal with Tokyo

1. Trump cut tariffs on Japanese cars from 27.5% to 15%. 2. Japan committed $550 billion to U.S. investments over time. 3. Increased U.S. agricultural exports, including a 75% rise in rice purchases. 4. Japanese automakers like Toyota and Nissan expected to benefit from the deal. 5. The agreement seeks to stabilize trade relations and boost U.S. economy.