Trump strikes deal with ally Japan setting tariff rate at 15% and $550B fund to invest in projects in the US

Takeaways
President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on imports including automobiles from Japan.
The deal includes a $550 billion fund to make investments in the US, with Japan agreeing to provide the funds to invest in projects in America.
Japan will also buy 100 Boeing Co. aircraft, boost rice purchases, and buy $8 billion in agricultural and other products, while hiking defense spending with American firms.

Toyota Motor Corp (NYSE: TM)
Myra Chung | National Manager, Real Estate & Facilities, Toyota NA

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