The American Automotive Policy Council, which represents the Detroit 3, criticized a deal giving Japan lower import tariffs than the U.S. automakers.

Oil prices steadied in early trading on Wednesday after falling for three consecutive sessions as a U.S. trade deal with Japan signaled progress on tariffs and a poll showed U.S. crude stockpiles fell last week,

President Trump says Tokyo will face 15% reciprocal tariffs instead of the 25% he had threatened while the nation invests $550 billion into the U.S.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.