President Trump said on Tuesday that the US and Japan had reached a trade deal. “We just completed a massive Deal with Japan, perhaps the largest Deal ever made," Trump wrote in a Truth Social post. The president said the agreement includes a 15% tariff on imported goods from Japan,

The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of a August 1 deadline for higher levies to kick in.

President Donald Trump has announced a trade framework with Japan, placing a 15% tax on goods imported from that nation