U.S. President Donald Trump has announced a new trade deal with Japan on Tuesday, calling it one of the largest agreements ever made.
In a post on Truth Social, Trump said Japan will invest $550 billion into the United States, with the U.S. receiving 90% of the profits. He highlighted the deal’s potential to create hundreds of thousands of American jobs.
Trump also said Japan will open its market to U.S. goods, including cars, trucks, rice, and selected agricultural products. A key feature of the agreement is Japan agreeing to pay a 15% reciprocal tariff on U.S. exports.
“This is a very exciting time for the United States,” Trump wrote, stressing the importance of continuing a strong relationship with Japan.
The deal marks a significant development in U.S.-Japan economic ties amid ongoing global trade negotiations and is ahead of the 1 August tariff deadline for countries to make a deal to reduce Trump's tax hikes.
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France is expected to decline a U.S. invitation to join a proposed international ‘Board of Peace’ on Gaza, with sources close to President Emmanuel Macron saying Paris is not prepared, at this stage, to give a favourable response.
Morocco’s King Mohammed VI has accepted an invitation from U.S. President Donald Trump to become a founding member of the U.S.-led Board of Peace, while France has declined to take part, citing concerns over the body’s mandate.
The death toll from a devastating fire at a shopping centre in Karachi has climbed to 26, with dozens of people still missing as rescue efforts continue, according to local media.
Kurds in the northeastern Syrian city of Qamishli voiced caution on Monday (19 January) after the Kurdish-led Syrian Democratic Forces (SDF) agreed to withdraw from large areas under a ceasefire deal with Damascus.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Italian fashion designer Valentino Garavani has died at the age of 93, his foundation said on Monday.
European leaders voiced growing alarm on Sunday over U.S. threats to impose tariffs on eight NATO allies, warning the move could destabilize transatlantic relations and heighten tensions in the Arctic.
Syrian President Ahmed al-Sharaa has signed a decree recognising Kurdish language rights, as government forces advanced against U.S.-backed Kurdish-led fighters despite U.S. calls for restraint.
Five skiers were killed in a pair of avalanches in Austria’s western Alpine regions on Saturday, with two others injured, one critically.
More than 100 vehicles were involved in a massive pileup on Interstate 96 in western Michigan on Monday (19 January), forcing the highway to shut in both directions amid severe winter weather.
U.S. President Donald Trump has linked his push to take control of Greenland to his failure to win the Nobel Peace Prize, as tensions with Europe escalate and the European Union considers retaliatory measures that could reignite a transatlantic trade war.
Morocco’s King Mohammed VI has accepted an invitation from U.S. President Donald Trump to become a founding member of the U.S.-led Board of Peace, while France has declined to take part, citing concerns over the body’s mandate.
The death toll from a devastating fire at a shopping centre in Karachi has climbed to 26, with dozens of people still missing as rescue efforts continue, according to local media.
France is expected to decline a U.S. invitation to join a proposed international ‘Board of Peace’ on Gaza, with sources close to President Emmanuel Macron saying Paris is not prepared, at this stage, to give a favourable response.
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