‘Massive trade deal’: Donald Trump announces 15% reciprocal tariffs for Japan; reveals $550 billion investment plan, says US to get 90% of profits
Wednesday, 23 July 2025 () Donald Trump declared the completion of a significant trade agreement with Japan, averting a threatened 25% tariff. The deal includes a 15% American tariff on Japanese imports and a $550 billion Japanese investment in the U.S., purportedly generating numerous jobs. Japan will also open its markets to American cars, trucks, rice, and other agricultural products, subject to reciprocal 15% tariffs.
Business Secretary Jonathan Reynolds and his Indian counterpart Piyush Goyal formally signed the UK-India trade agreement in the great hall of Chequers. The deal is set to be worth £6 billion in..
Business Secretary Jonathan Reynolds refuted claims that new UK-India trade will lead to British workers being undercut by Indian migrants. Speaking at Chequers, Mr Reynolds said: ''There's nothing in..
Shadow Policing Minister Matt Vickers remained cautious when asked about the new UK-India trade deal. Mr Vickers expressed concerns about foreign workers ''coming to this country and not contributing..
The agreement entails a 15% 'reciprocal' tariff on Japanese goods exported to the US. President Trump stated that the US will 'receive 90% of the profits.' DNA