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<h1>Trade agreement sets Japan-US tariffs at 15% and a USD 550bn investment pledge; BOJ weighs a 0.25% rate rise.</h1> A bilateral trade agreement set tariffs on Japanese exports to the United States at 15 per cent and required Japan to invest USD 550 billion in the United States. The Bank of Japan, noting improved business sentiment and inflation above target, is considering a 0.25 percentage point benchmark interest-rate increase to address inflation and currency weakness.