Washington — President Trump formally signed a trade agreement with Japanese Prime Minister Sanae Takaichi on Tuesday, as he looks to cement deals with key U.S. trading partners during his nearly weeklong trip through Asia.

The deal — which the two countries struck over the summer — calls for the U.S. to charge 15% tariffs on Japanese goods, lower than the 25% initially threatened by Mr. Trump. In exchange, Japan pledged to invest $550 billion in U.S. industry and open its market to American rice, cars and defense equipment. It's not yet clear exactly where those invested dollars would go.

The two leaders also signed a framework that calls for the U.S. and Japan to cooperate on supplying critical minerals and rare earth metals to each other. Mr. Trump has sought mineral deals w

See Full Page