{"id":148137,"date":"2025-07-23T14:12:20","date_gmt":"2025-07-23T19:12:20","guid":{"rendered":"https:\/\/www.worldtribune.com\/?p=148137"},"modified":"2025-07-23T14:12:20","modified_gmt":"2025-07-23T19:12:20","slug":"trump-trumpets-trade-deals-with-japan-philippines-indonesia","status":"publish","type":"post","link":"https:\/\/worldtribune.com\/2025\/trump-trumpets-trade-deals-with-japan-philippines-indonesia\/","title":{"rendered":"Trump trumpets trade deals with Japan, Philippines, Indonesia"},"content":{"rendered":"

by<\/em><\/span> WorldTribune<\/strong> Staff<\/em><\/span><\/span>, July 23, 2025 <\/em>Real World News<\/span><\/a>
\n<\/em><\/span><\/p>\n

President Donald Trump said his administration has completed major trade deals with Japan, the Philippines, and Indonesia.<\/p>\n

\"\"
President Donald Trump: ‘We just completed a massive Deal with Japan, perhaps the largest Deal ever made.’ \/ Video Image<\/figcaption><\/figure>\n

In announcing the Japan deal on Wednesday, Trump said Tokyo would pay a 15 percent reciprocal tariff rate and would invest $550 billion in the United States.<\/p>\n

The U.S. would keep 90% of the profits from Japan’s investment, the president added.<\/p>\n

The government of Japan’s Prime Minister “Shigeru Ishiba claimed victory in what were described as “tense” negotiations.<\/p>\n

But Ryo Sahashi, a professor at the University of Tokyo\u2019s Institute for Advanced Studies on Asia, called the deal “an extremely limited win,” according to a Japan Times report.<\/p>\n

\u201cWhat we’ve achieved is merely a reasonably decent result compared to the worst-case scenario,\u201d he said. \u201cJapan has simply escaped the worst possible situation, nothing more.\u201d<\/p>\n

Trump\u00a0announced the deal after a 70-minute meeting at the White House with Ryosei Akazawa, Japan’s chief tariff negotiator, who arrived in Washington on Monday for an eighth round of negotiations with the Trump administration.\u00a0Akazawa met with U.S. Commerce Secretary Howard Lutnick for more than two hours Monday and Treasury Secretary Scott Bessent for about 30 minutes Tuesday.<\/p>\n

\u201cIt was a tense and high-stakes negotiation,\u201d Akazawa said of his meeting with Trump. \u201cBoth sides were fully serious and operating at the limit.\u201d<\/p>\n

Trump on Tuesday announced new trade agreements with the Philippines and Indonesia which he said will secure expanded market access for American goods while imposing a 19 percent tariff on imports from both Southeast Asian nations.<\/p>\n

The back-to-back announcements came after Trump’s White House meetings with Philippine President Ferdinand Marcos Jr. and Indonesian President Prabowo Subianto.<\/p>\n

The agreements mark a major push by the Trump Administration to rewrite trade terms with key partners ahead of an Aug. 1 deadline, after which tariffs are set to rise unilaterally on countries without new bilateral deals.<\/p>\n

Trump wrote in a post to Truth Social on Wednesday:<\/p>\n

We just completed a massive Deal with Japan, perhaps the largest Deal ever made. Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits. This Deal will create Hundreds of Thousands of Jobs \u2014 There has never been anything like it. Perhaps most importantly, Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things. Japan will pay Reciprocal Tariffs to the United States of 15%. This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan. Thank you for your attention to this matter!<\/p>\n

Remember, Japan is, for the first time ever, OPENING ITS MARKET TO THE USA, even to cars, SUV\u2019s, Trucks, and everything else, even agriculture and RICE, which was always a complete NO, NO. The Open Market Japan may be as big a profit factor as the Tariffs themselves, but was only gotten because of the Tariff Power. They also agreed to buy BILLIONS OF DOLLARS WORTH OF MILITARY AND OTHER EQUIPMENT, and give us 90% of 550 BILLION DOLLARS – AND MORE!!! MAGA!!!<\/p><\/blockquote>\n

In the first announcement of the day on Tuesday, Trump said the Philippines had agreed to eliminate all tariffs on American exports, calling the country \u201cOPEN MARKET with the United States, and ZERO Tariffs.\u201d He added that Philippine exports to the U.S. would be subject to a 19 percent tariff and said the two countries had agreed to expand military cooperation.<\/p>\n

\u201cIt was a beautiful visit,\u201d Trump wrote on Truth Social. \u201cPresident Ferdinand Marcos\u2026is Highly Respected in his Country, as he should be. He is also a very good, and tough, negotiator.\u201d<\/p>\n

Later Tuesday, Trump unveiled a similar agreement with Indonesia, saying the country would remove 99 percent of its tariff barriers on American industrial, tech, and agricultural products. He also announced that Indonesia would supply critical minerals to the U.S. and sign deals to purchase Boeing aircraft, energy products, and farm goods\u2014transactions Trump said would be worth \u201ctens of billions of dollars.\u201d<\/p>\n

Under the agreement, Indonesian exports to the U.S. will also face a 19 percent tariff. \u201cThis Deal is a HUGE WIN for our Automakers, Tech Companies, Workers, Farmers, Ranchers, and Manufacturers,\u201d the president wrote on Truth Social.<\/p>\n

\n

Beat The Press <\/span><\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

by WorldTribune Staff, July 23, 2025 Real World News President Donald Trump said his administration has completed major trade deals with Japan, the Philippines, and Indonesia. In announcing the Japan deal on Wednesday, Trump said Tokyo would pay a 15 percent reciprocal tariff rate and would invest $550 billion in the United States. The U.S. […]<\/p>\n","protected":false},"author":5,"featured_media":148138,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,151,108,220,9,10,11,12,44,5],"tags":[219,221,222,6],"class_list":["post-148137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusives","category-indonesia","category-japan","category-philippines","category-rest-of-the-best","category-top-stories","category-washington","category-world-links","category-world-news","category-world-tribune","tag-indonesia","tag-philippines","tag-trump-trumpets-trade-deals-with-japan","tag-worldtribune-com","last_archivepost"],"_links":{"self":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/posts\/148137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/comments?post=148137"}],"version-history":[{"count":0,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/posts\/148137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/media?parent=148137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/categories?post=148137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldtribune.com\/2025\/wp-json\/wp\/v2\/tags?post=148137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}