Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."

President Donald Trump is justified in declaring that the agreement represents a major victory for his approach of negotiating concessions from other nations.

By lowering auto duties on Japan to 15%, Donald Trump is handing the Asian ally a decent win and making a big concession on his flagship sectoral levies. For other countries negotiating with Washington,