Trump Announces Trade Deals with Japan and Philippines Trump Announces Trade Deals with Japan and Philippines

Trump Announces Trade Deals with Japan and Philippines

President Trump announced a massive trade agreement with Japan, calling it “perhaps the largest Deal ever made.”

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Japan will invest $550 billion in the US and face 15% tariffs on imports while opening its markets to American automobiles and agricultural products. The yen initially rose on the news.

https://truthsocial.com/@realDonaldTrump/114899417740854572/embed

Trump also reached a trade agreement with the Philippines, his fourth such deal following the UK, Vietnam, and Indonesia. The US will impose 19% reciprocal tariffs on Filipino goods (reduced from a threatened 20%), while the Philippines will eliminate all tariffs and fully open its markets to American imports, highlighting US negotiating dominance.

This is a developing story.

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Oihyun Kim

https://beincrypto.com/trump-announces-trade-deals-with-japan-and-philippines/

2025-07-22 23:37:39

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