Baku 8° C
Japan to invest $550 billion in US
Other countries
- 23 July, 2025
- 10:17
President Donald Trump said the US and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments for Japan to invest $550 billion in the US and open its markets to American goods, Report informs via Reuters.
The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approaching August 1 deadline for higher levies to kick in.
Author
Latest News
17:53
Azerbaijani envoy holds talks with minister for foreign affairs and cooperation of Monaco
Foreign policy17:47
Photo
Azerbaijani Defense Ministry's leadership inspects activities of Air Defense Units
Military17:35
MPs considering investigation into Andrew's role as UK trade envoy
Other countries17:23
Fico: If Ukraine doesn't resume oil supplies, it will be left without emergency electricity
Other countries17:07
Ilham Aliyev approves Action Plan for Ensuring Rational Use of Water Resources in Azerbaijan's Nakhchivan
Infrastructure16:44
S. Korea to closely monitor additional US measures following Supreme Court ruling on Trump's tariffs
Other countries16:19
Kyiv suggests EU use Odessa-Brody oil pipeline instead of Druzhba
Energy16:01
Azerbaijani Defense Ministry's Medical Department holds training-methodical session
Domestic policy15:42