July 23, 2025 — U.S. President Donald Trump announced the country reached a trade deal with Japan on 22 July, granting the country a reprieve from the potential 25 percent tariffs he was threatening just weeks earlier.
Trump posted on his social media site Truth Social that Japan will now face a 15 percent “reciprocal” tariff in the U.S. and claimed Japan will invest USD 550 billion (EUR 469 billion) in the U.S., “which will receive 90 percent of the profits.” Trump later said that the country agreed to buy billions in military and other equipment.