Japan, Donald Trump
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Shares of General Motors , Ford Motor , and Jeep-maker Stellantis , some of the biggest automakers in the U.S., rallied on Wednesday after news of a trade deal that will reduce tariffs on imported Japanese cars,
Trump said on Truth Social that the U.S. just completed a “massive” trade deal with Japan. He said that Japan would invest $550 billion in the U.S. and that Japanese imports would face a 15 percent “reciprocal” tariff. Trump added that Japan would open its markets to American cars, trucks and rice.