Japan confirmed it had reached a deal that will see tariffs on exports to the US cut from 25% to 15%.

US president says Japanese exports will be subject to a 15 percent tariff under the trade agreement.

The U.S.-Japan trade deal sparked hopes that the European Union will also be able to strike an agreement.

An agreement gives firms certainty after months of chaos from Donald Trump's tariff policy.

Japan confirmed it had reached a deal that will see tariffs on exports to the US cut from 25% to 15%.