White House press secretary Karoline Leavitt is holding a press conference scheduled to begin at 1 p.m.

TRUMP ANNOUNCES TRADE DEAL WITH JAPAN WORTH $550B, IMPLEMENTING 15% RECIPROCAL TARIFFS

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The press conference comes after President Donald Trump announced a major $550 billion trade deal with Japan, which he speculated is the “largest Deal ever made.”

“Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits,” Trump said. “This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it. Perhaps most importantly, Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things.”