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Trump Announces Trade and Investment Deal with Japan
President Trump recently announced a massive trade agreement with Japan, seeking to normalize trade between America and the island nation.
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From The New York Post:
“We just completed a massive Deal with Japan, perhaps the largest Deal ever made. Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits,” Trump, 79, wrote on Truth Social.
“Perhaps most importantly, Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things. Japan will pay Reciprocal Tariffs to the United States of 15%.”
The Post notes that President Trump had threatened Japan with 25% tariffs if a deal was not reached by August 1. It also notes that Japan is the fifth-largest U.S. trading partner, and that America has a $69.4 billion trade deficit with the nation in 2024.
This announcement comes as the Trump administration has secured deals with other Asian nations. The President also announced trade deals with the Philippines and Indonesia, both of which will now face 19% reciprocal tariffs.
As the Trump administration continues to negotiate with other nations, the economy continues to grow. Let’s pray that the President is able to use these powerful tools effectively to bless America!
Share your prayers and scriptures for the Trump administration below.
(Excerpt from The New York Post. Photo Credit: Official White House Photo by Joyce N. Boghosian)
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Comments
Father, thank you for President Trump’s ability to deal with other countries and to bring business to us. May our leaders have wisdom with the money and not use it in corruption or foolishness. Give President Trump wisdom in his leadership. Guide him and protect him.
Dear Father, Thank You for blessing this nation and the world with the leadership of Donald Trump as president at this time….I thank you for our involvement in trade and negotiations with Japan, especially, as our daughter married a Japanese Christian and lives there with our grandchildren. father, I ask you to protect President Trump, our nation, and the islands of Japan and their people. Bring us together again over there, Father, as a family in Your Time. In Jesus’, AMEN
Now we pray that this administration will spend the money wisely and that we, the american people, will feel the relief. We haven’t felt much relief yet. Our taxes need to be lowered and our cost of living must be brought down. Otherwise, what’s the point? Si government can have more money to waste? No, we must feel the tariffs.