BIG TRADE WIN: President Trump announces a historic $550 billion deal with Japan

BIG TRADE WIN: President Trump announces a historic $550 billion deal with Japan

We’ve just concluded our big trade deal with Japan was literally just signed. Letter was just signed. It gives us a sort of signing bonus or bring it into sports talk. A signing bonus like you have signing bonuses too. I understand. Getting a lot of money. 100 million. That’s not bad. But that’s not as good as the signing bonus we got. We got a $550 billion signing bonus for the country and we had the tariff at 25% as you know we had a tariff at 25% and this was uh these are great people that we negotiated with but we agreed to reduce it to 15 based on the fact that Japan has agreed for the first time ever to open up its country to trade so that all of our American businesses and business genius geniuses, including many in this room, can go out and do business openly and freely in Japan, a very rich and prosperous and profitable and wonderful country, frankly. And we will pay a zero tariff as we do business in Japan. So, we’re paying zero. They’re paying 15. We’re getting 550 billion dollars. And to be exact, it’s 90% of that, but we control the whole lot of it. And uh it’s really been great and they’re very happy and their stock market went up and our stock market went up and that’s supposed to be the way it

BIG TRADE WIN: President Trump announces a historic $550 billion deal with Japan, what he calls a “signing bonus” for America.

Japan agrees to slash tariffs and open its markets while the U.S. collects 90 percent of the profits and pays zero in return. 

Trump says this is just the beginning. Markets are soaring. America is back in the driver’s seat.

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