US President Donald Trump announced early on Wednesday (23 July) that the nation has signed a trade deal with Japan in perhaps “the largest deal ever made”.
Posting on Truth Social, the president stated that Japan will pay reciprocal tariffs of 15% to the US as part of the "massive deal" as well as investing $550bn in the country. ECB flags stablecoin's risks to central banks as US passes GENIUS Act Trump continued: "This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the country of Japan. Thank you for your attention to this matter!" Toyota Motor and Honda shares have spiked by 14% and 11% respectively, while Subaru jumped by nearly 1...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes