Under the deal, Japan will invest $550 billion into the U.S., Trump said in his post on Truth Social, writing the U.S. would receive “90% of the Profits” from the investments, without providing further details. Japan will also “open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products,” Trump posted.

Japan's top tariff negotiator, Ryosei Akazawa, met with U.S. President Donald Trump at the White House on Tuesday, the Asahi newspaper reported on Wednesday.

Japan's embattled prime minister Shigeru Ishiba, fresh off a crushing defeat in upper house elections over the weekend, will not be in a position of strength to negotiate a favorable trade deal with the U.S., analysts said.

With his calls to limit foreign workers, fight globalism and put “Japanese First,” Sohei Kamiya has brought a fiery right-wing populism to Japan’s election on Sunday.

Japanese Prime Minister Shigeru Ishiba is planning to decide on his future after assessing progress in tariff negotiations with the United States, Yomiuri newspaper reported on Wednesday.

The road to Japan’s trade deal with the U.S. just got longer and more winding as Prime Minister Shigeru Ishiba’s coalition lost its majority in the upper house following the election held on Sunday. It was only in late October that Ishiba’s Liberal Democratic Party lost the majority in the lower house it had held since 2012.

The commercial relationship between the United States and Japan is at a critical juncture, with a looming 25% tariff threat from President Donald Trump on Japanese imports. This could significantly raise prices for American consumers on key products.

Internal rivals and a resurgent nationalist right are jeopardising Prime Minister Shigeru Ishiba's already precarious position With his grasp on power slipping, Japan's Prime Minister Shigeru Ishiba has vowed to remain in office despite a stinging electoral rebuke that plunged his ruling coalition into fresh turmoil.