The U.S. secured a trade agreement with Japan, prompting mixed reactions in the currency market. The deal involves a $550 billion investment by Japan into the U.S., with a 15% tariff set on imports. This new development shapes the impending tariff landscape and affects market stability.

President Donald Trump on Tuesday said the U.S. and Japan had struck a trade deal that includes a 15% tariff that will be levied on U.S. imports from the country. In a post on Truth Social, Trump said the deal would include $550 billion of Japanese investments in the United States.

U.S. stocks set more records on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports coming to the United States.