President Trump says he struck a trade deal with Uzbekistan that calls on the Central Asian nation to invest in critical U.S. sectors and buy American products.
The president, writing on Truth Social, said Uzbekistan’s purchases and investments will total $35 billion over the next three years and $100 billion over 10 years.
Mr. Trump said trade would focus on “key American sectors, including Critical Minerals, Aviation, Automotive Parts, Infrastructure, Agriculture, Energy & Chemicals, Information Technology, and others.”
Mr. Trump thanked Uzbekistan’s president, Shavkat Mirziyoyev, for sealing the deal.
“We look forward to a long and productive relationship between our Countries!” Mr. Trump wrote.
Uzbekistan is a former Soviet republic with a population of about 36 million. It is subject to the baseline 10% tariff that Mr. Trump imposed on all imports.
Countries such as Japan and South Korea faced higher levies, so they negotiated deals with Mr. Trump to reduce their tariff rates.
Mr. Trump’s announcement on social media did not detail any adjustments to tariffs on Uzbekistan’s goods entering U.S. markets.
The U.S. president’s nation-by-nation tariffs are the focus of a major Supreme Court case. Suing businesses say Mr. Trump usurped Congress’s taxing powers when he cited a 1977 law to impose tariffs on trading partners unilaterally.
Swing-vote justices were skeptical of the administration’s position during arguments on Wednesday, noting the tariffs appeared to be revenue-raising instruments.
Mr. Trump can seek other authorities to impose tariffs if the court strikes down the nation-based ones he issued under the International Emergency Economic Powers Act.
The president announced the Uzbek deal after a White House meeting with Central Asian leaders.
He also said Uzbekistan’s northern neighbor, Kazakhstan, is joining the Abraham Accords, a 2020 agreement that normalized relations between Israel and countries in the Gulf region.
Kazakhstan’s move is largely symbolic because the country and Israel have had diplomatic relations since 1992.
