Close Menu
    What's Hot

    Co-Creating Future Transit Value: CRRC Brings Three Full-Size Trains and End-to-End Solutions to InnoTrans 2026

    September 23, 2026

    Egypt overseas transfers total $29.7 billion through July

    September 22, 2026

    Typhoon Dujuan brings flood risk and travel disruption

    September 21, 2026
    Facebook X (Twitter) Instagram
    Algiers DailyAlgiers Daily
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Algiers DailyAlgiers Daily
    Home » Trump claims US to receive 90 percent profits from Japan deal
    Business

    Trump claims US to receive 90 percent profits from Japan deal

    July 24, 2025

    United States President Donald Trump announced on Tuesday a new trade framework with Japan that places a 15 percent tax on goods imported from that country. The announcement was made on the Truth Social platform. President Trump described the agreement as a major development in trade relations between the United States and Japan. He stated, “We just completed a massive Deal with Japan, perhaps the largest Deal ever made.” According to the announcement, Japan will invest 550 billion US dollars into the United States.

    The United States is expected to receive 90 percent of the profits generated from that investment. No additional details were provided regarding the specific goods that will be subject to the new 15 percent import tax. The statement did not indicate when the tariff would take effect or whether the framework had been signed by both governments. There was also no mention of the duration of the agreement or the sectors targeted for investment. The announcement did not include comments from Japanese officials or confirmation of the investment and profit-sharing figures.

    As of Wednesday morning, there was no official statement from the Japanese government addressing the agreement. No press release had been issued by Japanese trade or foreign affairs authorities responding to President Trump’s declaration. The trade agreement with Japan is the latest in a series of initiatives introduced by the Trump administration. According to the President, this framework follows earlier preliminary trade agreements with the Philippines, Indonesia, the UK, and Vietnam. The terms of those agreements have not yet been publicly disclosed.

    Full terms of the trade agreement with Japan remain undisclosed

    No statements have been released by the United States Department of Commerce or the Office of the United States Trade Representative regarding the trade framework with Japan. The announcement on Truth Social did not specify whether the agreement had been developed in consultation with relevant U.S. agencies or whether it requires congressional approval.  President Trump referred to the deal as a significant step for the U.S. economy. However, no supporting documentation or official summary was provided to outline the full terms of the agreement.

    There was also no mention of enforcement mechanisms, timelines, or procedures related to the investment and the distribution of profits. The announcement focused exclusively on the broad financial figures and the tariff rate without offering detailed information about implementation or oversight. No bilateral statement or joint appearance with Japanese officials was reported in connection with the announcement. As of the time of reporting, the full terms and legal structure of the trade framework remain unknown. Further details are expected to be released by official channels in the future, but no timeline has been indicated for when that information will become available. – By Content Syndication Services.

    Related Posts

    Egypt overseas transfers total $29.7 billion through July

    September 22, 2026

    China keeps loan prime rates steady through September 2026

    September 21, 2026

    Gold prices decline on Federal Reserve rate decision in trading

    September 17, 2026

    Gold stays above $4,400 before US inflation releases

    September 10, 2026
    Latest News

    Egypt overseas transfers total $29.7 billion through July

    September 22, 2026

    Typhoon Dujuan brings flood risk and travel disruption

    September 21, 2026

    China keeps loan prime rates steady through September 2026

    September 21, 2026

    Rare EGFR mutation raises lung cancer risk 60 times in data

    September 19, 2026

    WHO reports Ebola progress as DR Congo outbreak continues

    September 17, 2026

    Gold prices decline on Federal Reserve rate decision in trading

    September 17, 2026

    Nepal flood missing count rises to 6,150 after verification

    September 17, 2026

    Apple adds first foldable iPhone to lineup with iPhone Duo

    September 16, 2026
    © 2026 Algiers Daily | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.