Trump signs executive order cutting Japan auto tariffs to 15%; check details
Donald Trump signed an executive order implementing tariff cuts under a July agreement with Japan, reducing duties on Japanese automobile imports from 27.5% to 15% and formalizing a $550 billion investment pledge. Japan will increase purchases of US agricultural goods and Boeing planes, while also boosting defense spending with US firms.🕒 1 min read
Donald Trump signed an executive order implementing tariff cuts under a July agreement with Japan, reducing duties on Japanese automobile imports from 27.5% to 15% and formalizing a $550 billion investment pledge. Japan will increase purchases of US agricultural goods and Boeing planes, while also boosting defense spending with US firms.
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