U.S. strikes a new trade deal with Japan

More U.S. agriculture could soon flow into Japan. Last night, President Trump announced a trade deal worth billions of dollars.

In a post to “Truth Social,” Trump says Japan will invest around $550 billion in the United States. Japan will also open up to trade more rice and other farm products. With this deal in place, Trump says Japan will pay a 15 percent reciprocal tariff.

Japan is a big market for U.S. ag products. In 2022, the International Trade Administration put Japan as the fourth-largest export market for U.S. ag goods.

Related Stories

Trade

Sen. Grassley believes port fees on Chinese ships could impose a steep price on U.S. farmers

March 27, 2025 10:51 AM

 · 

RFD NEWS STAFF

Trade

“It’s un-American not to fight to have an even playing field": Rep. Arrington stresses our unbalanced trade

March 27, 2025 10:01 AM

 · 

RFD NEWS STAFF

Trade

“We oppose the port fees": World Shipping Council on potential port fees targeting Chinese-built ships

“We oppose the port fees because they are going to have a severe effect on the U.S. economy and, in particular, agricultural exporters and farmers.”

March 26, 2025 06:13 PM

News

U.S. farmers could benefit from knowing how China operates in terms of trade, one consultant says

March 26, 2025 02:02 PM

 · 

RFD NEWS STAFF

News

Renewed Hope: South Dakota governor looks to open up the state to new economic development opportunities

“South Dakota ranked dead last in international trade. We’re going to change that.”

March 25, 2025 12:26 PM

Trade

Canadian Prime Minister Mark Carney: There’ll be a limit put on Canada’s tariff response

March 25, 2025 09:43 AM

 · 

RFD NEWS STAFF

Load More