Tokyo, Oct. 28 -- US President Donald Trump and Japanese Prime Minister Sanae Takaichi on Tuesday signed two major agreements after their bilateral meeting, one centred on trade and the other on critical minerals.

The first deal, described as brief, called for a "new golden age" in the US-Japan alliance and referenced the trade pact Trump announced in July. Under that arrangement, a 15 per cent tariff will apply to Japanese exports in exchange for USD 550 billion in Japanese investment in the United States.

The second agreement established a framework to secure the supply of critical and rare-earth minerals through strengthened cooperation in mining and processing.

The initiative aims to boost supply chain resilience for materials vita...