Overview

• Under the U.S.-Japan deal, Tokyo will pay reciprocal 15% tariffs instead of facing a proposed 25% levy and will invest $550 billion in America.
• Trump projects the Japan agreement will generate hundreds of thousands of U.S. jobs through expanded market access and capital inflows.
• The Philippines pact would eliminate U.S. tariffs on American exports while imposing a 19% levy on Philippine goods, but it remains unsigned and undisclosed.
• President Luiz Inácio Lula da Silva denounced Trump’s threat to impose 50% tariffs on Brazilian exports as unacceptable extortion.
• The administration is pressing bilateral agreements across Asia and Latin America by leveraging tariff threats and an August 1 deadline to secure market openings and strategic commitments.