US Politics

US Reaches Trade Deals With Japan, Indonesia, and the Philippines

‘We just completed a massive Deal with Japan, perhaps the largest Deal ever made,’ Trump said.
US Reaches Trade Deals With Japan, Indonesia, and the Philippines
U.S. President Donald Trump meets with Philippine President Ferdinand Marcos Jr. in the Oval Office at the White House on July 22, 2025. Chip Somodevilla/Getty Images
Andrew Moran
&
Joseph Lord
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0:00

The United States has reached trade agreements with Japan, Indonesia, and the Philippines, U.S. President Donald Trump announced on social media.

With the Aug. 1 deadline approaching, the administration is reaching new deals. On Tuesday, Trump announced one of the largest of these deals, a trade agreement with Japan.

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."