Trump reaches historic agreement: Japan invests $550 billion in US, thousands of new jobs

US President Donald Trump has officially announced a new trade agreement with Japan, which, according to him, marks a new era of economic relations between the two countries and is designed to strengthen US national security and industrial base.

Under the deal, the US will set a standard fee of 15% for most of the products imported from Japan, with special exceptions to sectors such as vehicles, aircraft parts, genetic drugs and natural resources not produced in the US, reports The White House.

In return, Japan has pledged to significantly increase the imports of American agricultural goods, including rice, corn, soybeans, bioethanolin and chemical trash, worth a total of $8 billion annually. Japan has also agreed to allow the sale in its market of American vehicles certified for security, without demanding additional testing.

The highlight of the deal is Japan's commitment to investing $550 billion in the U.S., in projects that will be resolved by the US government itself. These investments are expected to create hundreds of thousands of jobs and increase local production.

The deal is part of a broader effort by the Trump Administration to reduce the US trade deficit and address unfair trade practices that, according to the president, harm the American industry.