Trump secures sweeping trade deals with Japan, Indonesia and the Philippines

By bellecarter // 2025-07-24

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President Donald Trump unveiled significant trade deals with Japan, Indonesia and the Philippines on July 22, aiming to boost American exports, create jobs and rebalance trade relationships ahead of the Aug.1 tariff deadline.
The agreement with Japan includes a $550 billion investment in the U.S., with 90 percent of profits expected to return to America, creating hundreds of thousands of jobs. Japan will open its market to U.S. exports like automobiles and agricultural products, while imposing a 15 percent tariff on U.S. imports.
The deal with Indonesia eliminates tariffs on 99 percent of U.S. exports, lowers import duties to zero and imposes a 19 percent reciprocal tariff on Indonesian exports. It also includes commitments for Indonesia to supply critical minerals, purchase U.S. products, implement labor reforms and include safeguards against Chinese transshipment.
The agreement with the Philippines allows for duty-free import of U.S. goods, while Philippine exports to the U.S. will face a 19 percent tariff. The Philippines will remove tariffs on American automobile imports and increase imports of U.S. soy products, wheat and pharmaceuticals.
These agreements are part of a broader strategy to overhaul U.S. trade policy, with plans to impose a baseline 10 percent tariff on small economies and negotiate with larger nations.

President Donald Trump announced landmark trade agreements with Japan, Indonesia and the Philippines on Tuesday, July 22. These deals, coming just days ahead of the administration's Aug. 1 tariff deadline, are designed to boost American exports, create jobs and rebalance trade relationships. Trump took to Truth Social to announce what he called "perhaps the largest deal ever made" with Japan. The agreement is a multifaceted pact that includes Japan's commitment to invest $550 billion in the United States, with 90 percent of the profits expected to return to America. This investment is projected to create hundreds of thousands of jobs, according to Trump. Under the terms of the deal, Japan will open its market to U.S. exports, including automobiles, rice and other agricultural products. In a reciprocal move, Japan will impose a 15 percent tariff on U.S. imports. This marks a significant shift in trade relations, as Japan has historically maintained protective measures on its agricultural sector. Earlier on Tuesday, Trump also confirmed a "huge win" in the form of a trade agreement with Indonesia. The deal eliminates tariffs on 99 percent of U.S. exports to Indonesia, lowers import duties on U.S. goods to zero and imposes a 19 percent reciprocal tariff on Indonesian exports to the U.S., a reduction from the previously proposed 32 percent. The agreement also includes Indonesia's commitment to supply critical minerals, purchase U.S. agricultural and energy products and implement labor reforms. Notably, the deal includes safeguards against Chinese transshipment, with high-content Chinese goods subject to a 40 percent tariff. In a meeting at the White House, Trump and Philippine President Ferdinand Marcos Jr. finalized a trade and military cooperation agreement, allowing the Philippines to import U.S. goods duty-free. Philippine exports to the U.S. will face a 19 percent tariff – slightly reduced from the 20 percent rate proposed earlier this month. Marcos described the tariff reduction as a "significant achievement," despite the seemingly small percentage point change. The revised tariff rates position the Philippines as one of the most competitively positioned Southeast Asian economies trading with the U.S. Currently, the Philippines holds the second-lowest tariff rate in the region at 19 percent, with Singapore, which has a bilateral Free Trade Agreement with the U.S., maintaining the lowest at 10 percent. In a joint press conference, Trump praised Marcos as a "very tough negotiator" and expressed optimism about the future of U.S.-Philippines relations. Under the agreement, the Philippines will remove tariffs on American automobile imports and increase imports of U.S. soy products, wheat and pharmaceuticals.

Broader trade strategy and global implications

Commerce Secretary Howard Lutnick confirmed that the administration plans to impose a baseline 10 percent tariff on small economies in Latin America, Africa and the Caribbean, while larger nations must "open themselves up or pay a fair tariff to America." (Related: Trump escalates trade offensive with new tariff notices to seven nations.) Negotiations with China are expected to extend beyond the current deadline. Treasury Secretary Scott Bessent described the talks as "very constructive" and noted progress on issues like Russian and Iranian crude oil and China's manufacturing output. Swedish Prime Minister Ulf Kristersson confirmed that Sweden will host the next round of U.S.–China negotiations. The trade agreements with Japan, Indonesia and the Philippines represent a significant shift in U.S. trade policy, reflecting Trump's commitment to renegotiate deals to benefit American workers and businesses. As these agreements take effect, their impact on global trade dynamics and the U.S. economy will be closely watched. Watch the video below where Trump announces the great trade deal with Indonesia. This video is from the TrendingNews channel on Brighteon.com.

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Broader trade strategy and global implications

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