Shares rise sharply after US president says Japanese imports will face 15% levy, instead of threatened 25%
Financial markets around the world have rallied after Donald Trump announced a trade deal with Japan to minimise the level of tariffs imposed on Japanese goods imported into the US.
Share prices rose sharply in Tokyo, where the Nikkei index of leading Japanese companies increased by 3.5%. European markets followed, with the FTSE 100 gaining 0.5% to hit a record high.