US and Japan agree ‘largest trade deal in history’, says Donald Trump | BBC News

From BBC News.

US President Donald Trump says the US has agreed to a "massive" trade deal with Japan, one of the country’s largest trading partners.

Japan has agreed to invest $550bn (£407bn) in the US while its goods sold to America would be taxed at 15% when they reach the country – below the 25% tariff Trump had threatened.

Trump said on social media that Japan would open its economy to US goods, including cars, trucks, rice and certain agricultural products.

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