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Dear reader, presenting you with an alternative phrasing to the title: US President Trump reveals new trade arrangement between America and the Land of the Rising Sun, reducing the looming duty to a quarter of a thousand

on July 23, 2025

In 2022, the United States experienced a trade deficit of $69.4 billion (€59.1 billion) in goods with Japan, as reported by the Census Bureau.

Source: https://www.euronews.com/business/2025/07/23/trump-announces-trade-deal-with-japan-that-lowers-threatened-tariff-to-15

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