Donald Trump announced a $550 billion trade deal with Japan –
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The deal reduces tariffs on Japanese goods to 15% from 25%.
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Japan opens markets to US products like cars and rice.
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The Nikkei index jumped 2.6%, hitting a one-year high.
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Toyota, Honda, and Nissan stocks saw major gains
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US carmakers criticized the deal for unequal treatment.
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Japan’s trade negotiator called the deal a big success.
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Trump called it the largest trade deal in US-Japan history.
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