Donald J.Trump claims “massive” trade deal with Japan and South Korea

says the agreement covers cars, electronics and steel and will boost Midwest farm exports to Asia.

WHITE HOUSE — Donald J.Trump announced what he called a massive trade deal with Japan and South Korea in a Truth Social post on June 23, 2026, at 12:19 p.m. EST.

Here is the full post (see truthsocial.com): “Just completed a MASSIVE trade deal with Japan and South Korea that will bring BILLIONS of dollars back to American workers. Cars, electronics, and steel – all coming back to the USA. Prime MinisterIshiba and President Yoon called me personally to finalize. This is what WINNING looks like. Our farmers in the Midwest will see record exports to Asia. Thank you to my incredible Trade Team! Donald J.Trump”

Trump claimed the deal spans three major sectors — automobiles, electronics and steel — and said it would return billions of dollars to American workers. He credited Japanese Prime Minister Ishiba and South Korean President Yoon with calling him to finalize the arrangement.

The post also highlighted agricultural trade, with Trump pledging that Midwest farmers would see record exports to Asia under the new terms. No official text of the agreement or independent confirmation from Japanese or South Korean officials was available at the time of publication (see truthsocial.com).

The announcement raises several open questions. The specific tariff schedules, quota changes and enforcement mechanisms in the deal remain undisclosed. How the agreement would reshape competition for American automakers, steelmakers and electronics manufacturers has not been detailed. The broader implications for economic relations between the United States, Japan and South Korea also await clarification from all three governments.

In the last 30 days, 87 of 644 Trump posts on Truth Social addressed the topic of foreign policy, according to Zenger analysis.