Trump announces trade deal with Japan: tariffs of 15%+ US$550 billion in investment in the United States
Internet reports that US President Trump issued a document saying that we have just reached a large-scale agreement with Japan, which may be the largest agreement in history. According to my instructions, Japan will invest US$550 billion in the United States, and the United States will receive 90% of the profits. The agreement will create thousands of jobs-unprecedented. Perhaps most importantly, Japan will open up its country's trade, including cars and trucks, rice and certain other agricultural products, among other things. Japan will pay the United States a 15% equivalent tariff. This is a very exciting time for the United States, especially as we continue to maintain good relations with Japan. (Jin Shi)
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