Washington, July 23: US President Donald Trump announced a new trade deal with Japan, calling it a “massive Deal,” and said it might be “the largest Deal ever made.” Trump made this announcement on Truth Social.

As part of the agreement, the United States will now impose a 15% tariff on goods imported from Japan. He also claimed that this deal would bring $550 billion in Japanese investments into the United States.

We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump posted. He added, “The US will receive 90% of the profits,” though he did not explain how that percentage would be calculated or what it includes.

“This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it,” Trump wrote. “Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things.