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Trump says US and Japan have reached trade deal

Financial TimesTuesday, July 22, 2025 at 11:34:40 PM
NeutralFinancial Marketstrade policy
Trump says US and Japan have reached trade deal
President Trump announced a new trade deal with Japan, which includes a 15% tariff agreement. The deal aims to reshape trade terms between the two nations, though specifics on what’s being taxed—or spared—aren’t fully detailed yet.
Editor’s Note: Trade deals like this can ripple through economies, affecting everything from car prices to agriculture exports. While the White House frames this as a win, the real impact depends on the fine print—something we don’t have much of yet. For now, it’s a signal that the U.S. is pushing harder on trade terms, but whether it’s a net gain or pain for businesses and consumers remains to be seen.
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