US President Donald Trump’s tariff war has caused earthquake in the global economy. While the step of imposing 50% tariff on India is being done worldwide, now Japan has also stopped an investment package of $ 550 billion (₹ 4.82 lakh crore) in the US. Japan’s top trade -negotiator Ryosei Akazawa had to go to America to finalize the deal, but he postponed the journey at the last moment.

The US and Japan had already agreed that the US would reduce the duty on Japanese imports from 25% to 15%. Japan will invest $ 550 billion in the US, but recently President Donald Trump said that this is our money, we will invest it on our own free will and claimed 90% of the profits to the US. On this, Japanese officials disagreed and said that investment should be based on the principle of mutual benefits.

Japan’s terms and disagreement
The Japanese government has demanded from the US to amend the President’s tariff order and reduce the fee on auto parts. Overlapping tariffs should be abolished. Japanese spokesperson Yoshimasa Hayashi said that more talks on some issues at the US administrative level are necessary, so the tour was canceled.

Modi’s visit to Japan and strategic significance
This incident has happened at a time when Prime Minister of India Narendra Modi is on a two-day visit to Japan on 29-30 August. He has been invited by Japanese Prime Minister Shigeru Ishiba to the 15th India-Japan Annual Summit. Important issues like strategic partnership, quad cooperation, and regional security will be discussed in the meeting. International analysts believe that this move of Japan can affect the US-Asia relations and the India-Japan partnership can become even stronger.

International reactions
Western experts have described Trump’s tariff policy as a suicide step. Japanese media Kyodo News said that it is not decided that Akazwa will decide his journey again, while according to the report of Reuters, he can visit Washington next week.

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Us-japan trade deal: US President Donald Trump has announced a trade deal with Japan. Trump has written on the social media platform that under this deal, Japan will invest $ 550 billion (407 billion pounds) in the US and will have to pay a 15 percent recipes. Describing it as the biggest trade deal ever, Trump has claimed that this will provide 90 percent profit to the US. This will create millions of jobs.

Trump also informed that through this deal, cars, trucks, rice and many other agricultural products will increase in Japan’s economy. Trump said during an event at the White House on Tuesday evening, I have just entered into the biggest business agreement in history. I think this is probably the biggest agreement in history with Japan. Japanese Prime Minister Shigeru Ishiba also welcomed the announcement of Trump. He said, this is the lowest tariff ever imposed on countries with trade surplus with America.

Earlier in April, Trump announced to impose 24 percent recipes on Japan, which was later increased to 25 percent. Now it has been reduced to 15 percent. Trump had also announced to impose 25 percent tariffs on automobiles imported from all countries from all countries. Now it is not clear whether Japan will be given relief from this tariff on cars and auto parts under this trade deal with Japan? Along with this, Trump has also announced a trade deal with the European Union on Wednesday. Many more agreements are going to be made soon.

Here, the impact of this business deal between the US and Japan was also seen in the stock market of Japan. Japan’s benchmark share index was seen trading at 41,051.50 with an increase of 3.21 percent. Many stocks like Toyota, Nissan and Honda recorded an increase.

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President Donald Trump has announced a trade deal between the US and Japan. The agreement includes a total of $ 550 billion Japanese investment. Trump has given information about this by sharing the post on social media platform Truth. Trump has completed his target from the trade deal between the US and Japan. He has also imposed a 15 percent tariff on Japan.

Trump has praised this deal a lot through a post shared on Truth. He has also cited jobs. Trump wrote, “We have just made a big deal with Japan, this is probably the biggest deal ever. Japan will invest $ 550 billion in the US in my direction, which will benefit the US 90%. Millions of jobs will be created with this deal. This has never happened before. ”

Trump tariffs Japan

Trump told that Japan will also give tariffs. He said through the post, ,Japan will give a tariff of 15% to the United States. This is a very exciting time for America and we will always maintain a good relationship with Japan. Thank you!”

America benefits from trade deal with Japan

US President Trump believes that through the deal with Japan, many obstacles coming between the business will be removed. Japan’s market will now open more for America. He will be able to use the Japanese market for cars, trucks, rice and other agricultural products. The important thing is that Trump was planning for a long time and now Japan is ready for tariff. America has put tariffs on many countries before this. He is in an altercation on this matter with China. China has also imposed tariffs on America.