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Trump announces a 'massive' trade deal with Japan
Bangkok Post
|July 24, 2025
Donald Trump announced on Tuesday a “massive” trade deal with Japan, as a deadline looms for other major US trade partners to strike agreements before the end of the month.
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In an attempt to slash his country’s colossal trade deficit, the US president has vowed to hit dozens of countries with punitive “reciprocal” tariffs if they do not hammer out a pact with Washington by Aug 1.
The Japan agreement, along with another pact with the Philippines also announced on Tuesday, means Mr Trump has now secured five agreements since his administration promised in April “90 deals in 90 days”.
The others were with Britain, Vietnam and Indonesia, which the White House said on Tuesday would ease critical mineral export restrictions.
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