Here's what we know so far. THE DEAL In a post on Truth Social, Trump said the deal would include $550 billion of Japanese

Asian shares have rallied, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the U.S. announced a deal on President Donald Trump's tariffs.

The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.

A new Nissan Murano on your shopping list? Or perhaps the 2026 Mazda CX-5? Big price hikes may be coming for Japanese auto imports under the U.S.-Japan trade deal announced Wednesday.

As President Donald Trump’s tariffs add to a sense of uncertainty in Japan, the Sanseito party and its leader Sohei Kamiya made gains on a “Japanese first” platform.

President Donald Trump announced a new trade framework with Japan, boasting a staggering USD 550 billion investment in the US. However, details remain under negotiation, and it's uncertain if this represents new or existing investments.

Japan said Saturday that the country’s newly announced $550B investment package could be used to help finance semiconductor plants in the US.

First, are tariffs higher? It’s been hard to follow the many impositions, cancellations, negotiations and pauses in tariff policy. But one way to measure tariffs is “customs duties,” which is the revenue the government collects from tariffs on imported goods.