Trump Touts Japan Trade Deal, Says It Erases the Deficit
TrumpWorld

Trump Touts Japan Trade Deal, Says It Erases the Deficit

Trump promotes a Japan trade and investment pact that he says opens markets, raises tariff revenue and eliminates a $70 billion deficit.

Richard Miniter
By
First Published: July 14, 2026, 6:41 AM ET

WASHINGTON D.C. — Donald Trump declared a trade and investment agreement with Japan a durable win, saying it would open Japanese markets and wipe out a $70 billion deficit. Trump shared a one-page briefing chart laying out the terms and the projected gains. Japan ranks among the world’s largest trading nations and top international investors (see wikipedia.org). The pact, as Trump presented it, pairs lower tariffs with sweeping new access to Japan’s economy.