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Trump signs order to cut tariffs on Japanese cars
US president Donald Trump has signed an executive order to reduce the tariff rate on automobiles and auto parts imported from Japan to a total of 15pc, as agreed in the bilateral trade deal between Japan and the US in July The 15pc tariff rate is lower than the current total rate of 27.5pc, which includes an additional tariff rate of 25pc. It will be effective within seven days of the publication in the Federal Register, the White House said on 4 September. It will come into effect within two weeks at the latest, said Japan's economic revitalisation minister Ryosei Akazawa, who was a negotiator during the trade talks ... (full story)
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- Sep 5, 2025 9:34am Posted byFundamental Analysis268
