President Trump signs major trade deal with Japan, and Tokyo pledges to invest in the United States.

President Donald Trump promised to shake up global trade – and he says that is now paying off.

The United States has signed an investment deal with Japan, worth more than half a trillion dollars.

That follows Washington’s new trade agreements with the Philippines and Indonesia – all touted as wins by the administration from Trump’s policy of applying pressure through tariffs.

But are these short-term gains that could mask longer-term risks?

Tomohiko Taniguchi – Special adviser at the Fujitsu Future Studies Centre

Nathalie Tocci – Director of Instituto Affari Internazionali