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President Trump announced a major trade deal with Japan, involving reciprocal 15% tariffs and a $550 billion Japanese investment in the US. Trump claims the deal will create hundreds of thousands of US jobs and increase US profits significantly. Japan's top trade negotiator expressed gratitude. The deal follows recent Japanese elections and potential political instability. Trump also hinted at upcoming trade deals with Europe and for liquefied natural gas.

Prepared by Christopher Adams and reviewed by editorial team.