{"id":3247,"date":"2025-07-23T01:17:14","date_gmt":"2025-07-23T01:17:14","guid":{"rendered":"https:\/\/jobuzo.com\/en\/trump-unveils-japan-trade-deal-with-15pc-export-tariff-vows-hundreds-of-thousands-of-jobs\/"},"modified":"2025-07-23T01:17:14","modified_gmt":"2025-07-23T01:17:14","slug":"trump-unveils-japan-trade-deal-with-15pc-export-tariff-vows-hundreds-of-thousands-of-jobs","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/trump-unveils-japan-trade-deal-with-15pc-export-tariff-vows-hundreds-of-thousands-of-jobs\/","title":{"rendered":"Trump unveils Japan trade deal with 15pc export tariff, vows \u2018hundreds of thousands of jobs\u2019"},"content":{"rendered":"
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WASHINGTON, July 23 — President Donald Trump said yesterday that the United States had agreed to a “massive” trade deal with Japan that would include a 15 per cent tariff on its exports.<\/p>\n

The two countries have been locked in negotiations for months since Trump launched his global trade offensive, with levies targeting steel and automobiles—both important Japanese exports—seen as particular sticking points.<\/p>\n

Trump had previously threatened Japan, a major US trading partner, with a tariff of 25 per cent beginning August 1 if a deal was not reached.<\/p>\n

“We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump announced on his Truth Social platform.<\/p>\n

He said that under the deal, “Japan will invest, at my direction, US$550 Billion Dollars into the United States, which will receive 90 per cent of the Profits.”<\/p>\n

He did not provide further details on the unusual investment plan, but claimed the deal “will create Hundreds of Thousands of Jobs.”<\/p>\n

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Japanese Prime Minister Shigeru Ishiba said that he needed to examine the deal before commenting.<\/p>\n

“As for what to make of the outcome of the negotiations, I am not able to discuss it until after we carefully examine the details of the negotiations and the agreement,” Ishiba told reporters in Tokyo after Trump’s announcement in Washington.<\/p>\n

Rice imports?<\/strong><\/p>\n

Japan has agreed to “open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things,” Trump said.<\/p>\n

Rice imports are a sensitive issue in Japan, and Ishiba’s government had previously ruled out any concessions on the topic.<\/p>\n

Japan’s Nikkei index bounced over one percent on news of the deal, with Japanese auto stocks rising six percent.<\/p>\n

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The deal comes after Ishiba faced a bruising weekend election that left his coalition without a majority in the upper house.<\/p>\n

Trump has been under pressure to wrap up trade pacts after promising a flurry of deals ahead of his August 1 tariff deadline.<\/p>\n

Earlier yesterday, he announced a deal had been reached with the Philippines which would see the country face 19 per cent tariffs on its exports.<\/p>\n

The White House also laid out details of a deal with Indonesia, which would see it ease critical mineral export restrictions and also face a 19 per cent tariff.<\/p>\n

Similar agreements have been struck with the United Kingdom and Vietnam, while negotiations are ongoing with the top three largest US trading partners, China, Canada and Mexico.<\/p>\n

After an escalatory tit-for-tat with Beijing, the two major economies agreed to a temporary lowering of tariffs, with another round of negotiations expected next week in Stockholm.<\/p>\n

Since returning to the White House in January, Trump has imposed a sweeping 10 per cent tariff on allies and competitors alike, alongside steeper levels on steel, aluminum and autos.<\/p>\n

Legal challenges to Trump’s non-sectoral tariffs are ongoing. — AFP<\/p>\n<\/div>\n

Trump unveils Japan trade deal with 15pc export tariff, vows ‘hundreds of thousands of jobs’<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

WASHINGTON, July 23 — President Donald Trump said yesterday that the United States had agreed to a “massive” trade deal with Japan that would include a 15 per cent tariff on its exports. The two countries have been locked in negotiations for months since Trump launched his global trade offensive, with levies targeting steel and automobiles—both…<\/p>\n

Read More “Trump unveils Japan trade deal with 15pc export tariff, vows \u2018hundreds of thousands of jobs\u2019”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":3248,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=3247"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/3248"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=3247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=3247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=3247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}