US Edition
Trump signs order to cut tariffs on Japanese cars to 15%
The executive order caps tariffs on Japanese autos at 15%, requiring Japan to invest $550 billion in US projects and boost US agricultural exports by $8 billion annually, officials said.
- U.S. President Donald Trump signed an order to cut tariffs on Japanese cars to 15%, reducing the previous rate of 25% as confirmed by Japan’s top tariff negotiator Ryosei Akazawa.
- Japan’s Prime Minister Shigeru Ishiba welcomed the tariff reduction, seeing it as a response to pressures from key industries and a crucial step for an agreement.
- The reduction to 15% from the previous 25% was agreed between the two sides on July 22, according to Ishiba's statement.
- Ishiba expressed hope for a 'golden era of Japan-U.S. relations' and emphasized the importance of implementing the agreement promptly.
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focoinformativo.site
focoinformativo.siteU.S. President Donald Trump signed Thursday a decree to reduce tariffs on Japanese cars, as part of the implementation of a trade pact negotiated with Tokyo. Japanese cars will have a 15% tariff instead of the current 27.5%, while for many other products it will also be limited to 15%, according to the text of the executive order issued by the White House. This is a victory for Japan after a Tokyo representative traveled to Washington on Thursda…
·Washington, United States
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US President Donald Trump signed an executive order implementing the new trade agreement with Japan, establishing a 15% base rate for most Japanese goods, including cars, to transmit CNBC.
·Romania
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Coverage Details
Total News Sources180
Leaning Left24Leaning Right27Center53Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 23%
C 51%
R 26%
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