On the 23rd local time, the White House in the United States announced that the US-Japan investment agreement will focus on semiconductor design and manufacturing, natural gas, and new shipyards. Japan will immediately increase its imports of 75% of American rice and significantly expand its import quota. Japan will purchase $8 billion worth of American goods, including corn, soybeans, fertilizers, bioethanol, and sustainable aviation fuel.
The White House stated that the US and Japan are exploring a new purchasing agreement for liquefied natural gas from Alaska. Additionally, Japan has committed to purchasing commercial aircraft made in the United States, including an agreement to buy 100 Boeing planes.
On the 22nd, President Trump posted on social media stating that the US and Japan have reached a trade agreement, with the originally planned 25% reciprocal tariff rate being reduced to 15%. Japan will invest $550 billion in the US and open up markets for agricultural products such as rice. (Xu Xiao)
