Fact-check analysisVerified as of July 23, 2025Curated by FactVerify
Mostly True

President Trump announces "largest deal ever made" with Japan investing $550 billion into the United States and US getting "90% of profits."

President Trump announced a large trade deal with Japan involving $550 billion in Japanese investment into the U.S. And reciprocal tariffs of 15%, claiming the U.S. Will receive 90% of the profits, though details on profit sharing are unclear.

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Source: factverify.com

At a glance

Key Evidence

Verified July 23, 2025
The reporting

What the Evidence Shows

The claim can be broken down into several components: 1) President Trump announced a large trade deal with Japan; 2) Japan will invest $550 billion into the United States; 3) The U.S. Will receive 90% of the profits; and 4) It is described as the 'largest deal ever made. ' Multiple credible news sources confirm that President Trump announced a significant trade agreement with Japan in July 2025, which includes reciprocal tariffs of 15% on Japanese goods entering the U.S. And a commitment from Japan to invest $550 billion in the United States.reuters.comreuters.comTrump announces trade deal with Japan, including 15% tariff

However, while Trump stated that the U.S. Would receive '90% of the profits,' no detailed explanation or official documentation clarifies how this profit-sharing mechanism works or is calculated. This aspect appears to be a claim made by Trump without independent verification or detailed economic analysis from third parties. The description of the deal as the 'largest ever made' is based on Trump's own characterization; no independent economic analysis confirms this superlative, but given the scale of investment cited, it is plausible as a rhetorical statement.reuters.comreuters.comTrump announces trade deal with Japan, including 15% tariff

The deal also includes Japan opening its markets to American cars, trucks, rice, and other agricultural products. Some sources note political context such as Japan's recent election losses and ongoing tariff tensions,cnn.comcnn.comTrump announces ‘massive’ trade agreement with Japancnbc.comcnbc.comTrump announces 'massive' trade deal with Japan with 15% tariffs which may affect implementation or reception of the deal. Overall, while the core facts about the trade agreement and investment amount are supported by multiple reputable sources, the claim about '90% of profits' lacks transparent evidence and should be treated cautiously.

Primary trail

Verified Sources4

Trump announces ‘massive’ trade agreement with Japan

cnn.com
Open source

Trump announces trade deal with Japan, including 15% tariff

reuters.com
Open source

Trump announces 'massive' trade deal with Japan with 15% tariffs

cnbc.com
Open source
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