It is the most significant of a clutch of agreements Trump has bagged since unveiling sweeping global levies in April, though like other deals, exact details remained unclear.

For many countries, the reprieve from President Donald Trump’s eye-watering global tariffs, which were first announced on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end.

President Donald Trump said he reached a trade deal with Japan that will set tariffs on Japanese imports at 15% and see the key American ally invest $550 billion into the US.“I just signed the largest trade deal in history — I think maybe the largest deal in history — with Japan,