U.S. President Donald Trump has announced a major trade agreement with Japan, ending weeks of tense negotiations and averting the previously threatened 25% tariffs on Japanese imports. Under the new deal, a 15% tariff will be imposed on Japanese goods entering the U.S., which is lower than the earlier threat and is being described as 'reciprocal.' The agreement also includes a significant $550 billion investment from Japan into the U.S. economy. The news has sparked rallies in Japanese and Asian stock markets, especially among automakers, and has eased fears of escalating trade tensions between the two allies. However, the deal comes amid political uncertainty in Japan, with Prime Minister Ishiba facing pressure over the outcome of the negotiations.
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