September 5, 2025 10:36 AM
Washington, Tokyo Implement Trade Pact; Tariffs on Autos, Products Reduced
U.S. President Donald Trump has signed an executive order to lower tariffs on Japanese autos and other goods. Implementing a trade agreement reached with Tokyo, the new order reduces tariffs on Japanese vehicles from 27.5 per cent to 15 per cent, with similar caps applied to many other products. ...