Trump Secures $1.15T Trade Deals with EU, Japan

President Donald Trump secured significant trade agreements with both the European Union and Japan, each involving a 15% tariff on imports and large investment commitments into the U.S. economy. The EU deal includes a $600 billion investment, while the agreement with Japan features a $550 billion investment package targeting key American industries such as energy, semiconductors, pharmaceuticals, and shipbuilding. These deals followed extensive negotiations, with the Japan agreement marking a reduction from an initially proposed 24% tariff to 15%, and the U.S. retaining 90% of profits from investments made under the agreement. Trump described the Japan deal as potentially the largest trade deal in history, emphasizing its strategic importance and economic benefits for both nations. Financial markets responded positively to these developments, viewing them as potential measures to avert prolonged trade conflicts and stimulate economic growth. Experts and officials highlight the deals as a mix of moderate tariffs and substantial investment commitments, while some economists remain cautious about the long-term implications compared to pre-trade war conditions.