Business  Trade

U.S. strikes a new trade deal with Japan

July 23, 2025 10:22 AM • 
RFD NEWS STAFF, Currey McCullough

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.

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