Japan has agreed to secure about $7 billion worth of energy imports from the United States each year under a new bilateral trade framework, with Alaskan liquefied natural gas (LNG) positioned at the center of the deal.

Details released Friday in a joint statement show that Tokyo is considering long-term LNG supply commitments from Alaska as part of its broader strategy to diversify energy sources and strengthen ties with Washington.

In return, the United States pledged to extend its lowest tariff rates to key Japanese exports, including pharmaceuticals and semiconductors. The move follows an order signed by U.S. President Donald Trump to implement tariff reductions first outlined in July.

The agreement underscores growing cooperation between the two allies in both energy security and trade, ensuring Japan has a stable energy supply while American producers gain expanded market access.