US and Japan complete a trade agreement with 15% tariffs on Trump

On March 27, 2025, recently manufactured cars expected to export to the port to Yokaham, south of Tokyo, Japan.

Isei Kato | Reuters

US President Donald Trump signed the executive order On Thursday they say they make a trade transaction with Japan, with 15% of the basic tariffs for most Japanese goods, including AUTO.

The transaction was reached in July after months of negotiations, and Washington and Tokyo continued to hang over the details a few weeks before it was signed.

As part of the Tokyo transaction, he agreed to invest $ 550 billion in projects selected by the US government and increase the purchase of American agricultural products, such as corn and soybeans, as well as US and defense planes.

An American ally in Asia also offers “breaking holes in access to the market” in production, aerospace, agriculture and car sectors, Thursday said. A Agreement reached in July Included Japan, purchasing 100 Boeing planes, 75% higher imports of USD and $ 8 billion in agricultural and cultural products.

Washington will apply a basic 15% tariff for almost all Japanese imports, with separate sectaries for cars and parts (also 15%), aerospace products, total pharmaceutical goods and natural resources, the executive order reports.

The order on Thursday prevents tariffs characteristic of the country except existing levies. The lower tariffs will be applied to the back number to Japanese goods “made for consumption or withdrawn from the consumption warehouse at 12:01 in the east daylight on August 7, 2025,” the order reads. The tariff relief on cars is scheduled to come into force in seven days.

Trump’s global tariff company has thrown a global supply chain to the mess, in particular the large -scale Japanese author. Last month, Toyota warned it awaited Hit is nearly $ 10 billion As Trump’s tariffs on Autos weighed their sales in the US, forcing it to reduce by 16% the forecast for the back year of profit.

Tariffs are expected to also impress the competitors, and as reported 3 billion dollars GM projects $ 4 billion to $ 5 billion a year.

Japanese High Negotiator, RaSEUS, who was in Washington, issued a letter from Japanese Prime Minister Shiger Isibr, who invited Trump to visit his country, Cyoto News reports. As reported Further technical discussion is required.

Political tips

Completion of the transaction occurred as political pressure for the Japanese leader. The ruling Liberal Democratic Party has published a long-awaited report earlier this week on why it lost seats in the Upper House in July.

The report assists the loss of the lack of appeal as the party is aimed at domestication, previous political scandals and weak mobilization of young voters.

Local media reports suggested that many key members of the LDP reported their intention to leave the Prime Minister, while Isib said he intended to remain in his party’s calls for the choice of another leader.

Despite the fact that the reports avoid the name of the persons, they signal about “implicit accusation of the Ishibi party,” said James Brad, Vice President of Tena Political Counseling.

Analysts at Eurosia Group suggested in the report on Friday that ISHIBA is unlikely to survive the party’s next Monday if the vote is expected to nominate the leadership.

“The poor work of Isisha as a party leader in the lower and upper house and events in recent days, including the former Prime Minister Tarot, announcing the support of special elections, turned the tide against Ishiba,” analysts said, predicting 60% of the odd lesion in the election, and he may be refused.

Source link