Trump announced a 'massive' trade deal with Japan, imposing a 15% reciprocal tariff on Japanese exports to the U.S. This agreement includes Japan's commitment to invest $550 billion in the U.S. and open its markets to various American goods, including automobiles and agricultural products. The deal aims to create hundreds of thousands of jobs in the U.S. and is seen as a strategic move to balance trade relations between the two nations.

The announcement led to a surge in Japanese auto stocks, with major companies like Toyota and Honda seeing significant gains. The deal comes at a critical time for Japan, as its auto exports to the U.S. had recently declined sharply. Analysts suggest that this agreement could stabilize Japan's economy and enhance its competitive position in the global market, particularly in the automotive sector.