Wednesday, July 23, 2025

Trump announces 'massive' trade deal with Japan, while US China tariff deadline likely to be extended, says Bessent

INTRO: US President Donald Trump says the US has agreed to a "massive" trade deal with Japan, one of the country's largest trading partners.

Meanwhile, US Treasury Secretary Scott Bessent says American and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade deal. Laura Westbrook reports.