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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A former estate of drug lord Pablo Escobar, now a wildlife park in Colombia, has marked Christmas by setting animals festive feeding challenges designed to boost their mental and physical health.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 12th of December, covering the latest developments you need to know.
NATO's Secretary-General urged European leaders to step up defence efforts to prevent a war waged by Russia, that could be "on the scale of war our grandparents and great-grandparents endured".
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Iran's President Massoud Pezeshkian has begun a two day visit to Kazakhstan, with officials from both sides describing the trip as an opportunity to advance cooperation in trade, transport, industry, mining and cultural exchanges.
China’s Ministry of Foreign Affairs has urged Afghanistan and Pakistan to resolve their tensions through dialogue and engagement, as it pledged to work with the international community to help improve relations between the two countries.
Chinese Foreign Minister Wang Yi has begun a multi-nation diplomatic tour of the Middle East, showing Beijing’s deepening engagement in a region undergoing conflicts, shifting alliances and major geopolitical realignments.
Pakistan and China are conducting a joint counterterrorism exercise, Warrior IX, to strengthen military cooperation. The drill comes at a time of renewed regional instability, with analysts saying it underscores both countries’ determination to deepen security ties.
A former estate of drug lord Pablo Escobar, now a wildlife park in Colombia, has marked Christmas by setting animals festive feeding challenges designed to boost their mental and physical health.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 12th of December, covering the latest developments you need to know.
NATO's Secretary-General urged European leaders to step up defence efforts to prevent a war waged by Russia, that could be "on the scale of war our grandparents and great-grandparents endured".
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