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President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
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Japan is the largest U.S. trade partner to reach an agreement.
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Following the deal with Japan, it could now be said that the aggressive approach to trade by Trump is yielding results.
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President Donald Trump said Tuesday on Truth Social that his administration had reached a deal with Japan, one of the largest U.S. trading partners, to lower its tariff rate to 15% as part of a sweeping trade agreement
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