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Trump Announces a Trade Deal Worth 550 Billion USD with Japan, Ensuring 90% Profit
This agreement marks a major economic move, affecting US-Japan relations and potentially the global market. Currently, there is no immediate impact on cryptocurrency. President Trump confirmed the agreement on his Truth Social account, stating a significant investment of $550 billion from Japan and a deal allowing the United States to receive 90% of the profits. The Japanese government has not yet issued an official statement. Minister of Commerce Ryosei Akazawa met with U.S. Secretary of Commerce Howard Lutnick. "We have just completed a major deal with Japan, perhaps the largest deal ever. Under my direction, Japan will invest $550 billion in America, and America will receive 90% of the profits. This deal will create hundreds of thousands of jobs — Nothing like this has ever happened before." - Donald J. Trump, President of the United States This agreement includes a 15% reduction in tariffs on Japanese goods such as cars and agricultural products imported into America, impacting the Japanese automotive industry. This also affects exports from American industries such as agriculture and automobiles, expanding access to the Japanese market. Currently, there are no changes to major cryptocurrencies like BTC and ETH, nor have any changes been recorded in on-chain activity. However, significant changes in capital could affect the global market, but there is still no official confirmation. This agreement continues to emphasize Trump's focus on reciprocal trade policy. Similar previous agreements have altered exchange rates and sometimes impacted the volume of stock and cryptocurrency trading. There is a possibility that broader economic impacts will indirectly affect the cryptocurrency sector, depending on the macroeconomic response.