‘We just completed a massive Deal with Japan, perhaps the largest Deal ever made,’ Trump said.

President Donald Trump delivers remarks during a reception with Republican members of Congress at the White House on July 22, 2025. Andrew Caballero-Reynolds/AFP via Getty Images
With an Aug. 1 deadline approaching, the United States has reached a trade agreement with Japan, U.S. President Donald Trump announced on social media on July 22.
“I just signed … maybe the largest deal in history,” Trump said at the White House.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”