U.S. President Trump has finalized a trade deal with Japan, imposing a 15% tariff on most Japanese goods, including autos. The agreement, reached after extensive negotiations, includes Japan's commitment to invest $550 billion in U.S. projects and increase purchases of American agricultural products. The deal is expected to impact Japan's auto sector significantly, with companies like Toyota forecasting substantial profit losses. Meanwhile, Japan's Prime Minister Ishiba faces internal party discontent, with analysts predicting a leadership challenge amid declining support.
The deal was agreed in July after months of talks, with Washington and Tokyo continuing to haggle over details for weeks before finalizing the terms.