President Trump said on Tuesday that the US and Japan had reached a trade deal. “We just completed a massive Deal with Japan, perhaps the largest Deal ever made," Trump wrote in a Truth Social post. The president said the agreement includes a 15% tariff on imported goods from Japan,

Asian shares have rallied, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the U.S. announced a deal on President Donald Trump's tariffs.

Japan will invest $550 billion into the U.S., and goods from the country will be subject to a 15% tariff, President Trump said. Japan has not commented on the reported deal.