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Former U.S. President Donald Trump has announced a “massive” trade agreement with Japan. According to Trump, the deal will see Japan invest $550 billion in the United States and impose a 15% reciprocal tariff. The agreement will also open Japanese markets to American automobiles, trucks, and agricultural products. Speaking at the White House, Trump called the deal "one of the largest in history." Japanese negotiator Ryosei Akazawa also praised the agreement as a success.

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