Japan said on Tuesday the trade agreement it struck with the U.S. cleared uncertainties on U.S. trade policies but continued attention needs to be given to risks of those policies putting downward pressure on the Japanese economy.

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

Is this agreement truly in Japan's national interests? The governments of Japan and the United States have reached an accord amid U.S. President Donal

President Trump's trade strategy, marked by elevated tariffs, is yielding agreements with nations like the EU, Japan, and Vietnam. The EU accepted 15% US tariffs and committed to significant purchases and investments.

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

US President Donald Trump said that the country has reached a “massive” trade deal with Japan, applying a 15 percent tariff on imports from the country, he announced late on Tuesday, July 22. The agreement avoids a threatened 25 percent tariff on Japanese goods,

TOKYO -- Japan is working on a framework to monitor progress on implementing its tariff agreement with the U.S., as the Trump administration says it may raise tariffs again if it deems Tokyo has not made enough headway on purchasing and investment commitments.

TOKYO (Reuters) -Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.