Trump Signs Trade Deal with Japan, Reducing Auto Tariffs

1 min read
Source: The White House (.gov)
Trump Signs Trade Deal with Japan, Reducing Auto Tariffs
Photo: The White House (.gov)
TL;DR Summary

President Trump announced a new US-Japan trade agreement that establishes a 15% baseline tariff on most Japanese imports, aims to reduce the US trade deficit, and includes Japan's commitment to invest $550 billion in the US, boosting domestic manufacturing and job creation, while addressing national security concerns.

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