Trump's Japan Trade Deal Sparks Market Rally and Auto Stock Surge
TL;DR
President Trump reached a trade agreement with Japan that sets a 15% tariff on US imports from Japan, including autos, while establishing a $550 billion investment fund backed by Japan to invest in the US, and Japan agreeing to buy Boeing aircraft, increase rice purchases, and participate in Alaska LNG projects.
- Trump Says Japan Deal Reached With Tariff Rate Set at 15% Bloomberg
- Trump strikes trade deal with Japan to cut tariffs Reuters
- Asian markets gain, with Japan's Nikkei up more than 3%, lifted by deal on Trump's tariffs The Independent
- Trump sets 15% tariff on Japanese imports as part of investment agreement NBC News
- Japan auto stocks soar on report of lower tariffs — Toyota jumps 11% CNBC
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