New Delhi, July 23 -- President Donald Trump on Tuesday announced that the United States and Japan have reached a trade agreement, which includes a 15% tariff to be imposed on goods imported from Japan into the US.

The deal would include $550 billion of Japanese investments in the United States, Trump said in a post on Truth Social, and added that Japan would increase market access to American producers of cars, trucks, rice and certain agricultural products, among other items.

The US President, however, made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country's exports to the United States and are subject to a 25% tariff.

"We just completed a massive Deal with Japan, perhaps t...