President Trump announced a major trade deal with Japan, claiming it's the largest ever. US importers will pay 15% reciprocal tariffs on Japanese goods, while Japan will invest $550 billion in the US. Trump stated the US will receive 90% of the profits, though details remain scarce. Japan's Prime Minister Ishiba confirmed negotiations and will review the agreement. The deal addresses tariffs, car imports, and agricultural products, easing tensions and averting higher tariffs, though the specifics of profit-sharing remain unclear.

Prepared by Christopher Adams and reviewed by editorial team.