07-September-2025
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Trump signs order slashing Japanese auto tariffs to 15%
05-Sep-2025

U.S. President Donald Trump signed an order on Thursday to implement the lower tariffs on Japanese automobile imports and other products that were announced in July. Formalizing the agreement between the U.S. and a key Asian ally comes after months of negotiations, reduces uncertainty for the massive Japanese auto sector and confirms an agreement for $550 billion of Japanese investment in U.S. projects.

News Source:- https://www.financialexpress.com/world-news/us-news/japanese-carmakers-get-relief-as-trump-lowers-us-auto-tariffs/3967477/?ref=morelatest_hp