The United States has officially implemented a trade agreement reached with Japan on July 22, taking tariff rates on automobiles and other goods lower while outlining Japan’s commitments in the deal.
In an executive order signed by U.S. President Donald Trump on Thursday, auto tariffs on Japan are set at 15%. The order instructs U.S. authorities to modify rates accordingly within seven days of publication in the Federal Register.
Trump signed the document on the day Ryosei Akazawa, Japan’s chief tariff negotiator, arrived in Washington for a 10th round of trade talks. A previous executive order established a 15% rate for "reciprocal" tariffs and became effective on Aug. 7, but the 15% rate on Japanese automobiles was not implemented at the same time.
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