U.S. and Japan finalize trade deal with 15% Trump tariffs
Newly produced cars are waiting for exports at a port in Yokohama in the south of Tokyo, Japan on 27 March 2025.
ISSEI KATO | Reuters
US President Donald Trump signed an executive order On Thursday, to implement a trade agreement with Japan, including cars, including 15% start tariff for most Japanese goods.
The agreement was reached in July after months of negotiations, and Washington and Tokyo continued to marketing on details for weeks before they were signed.
As a part of the agreement, Tokyo agreed to invest $ 550 billion in projects selected by the US government and to increase the purchase of American agricultural products such as US -made commercial aircraft and defense equipment, as well as American and soybeans.
On Thursday, the US allies in Asia will present “Atılım Openings in Market Access” in Manufacturing, Aviation, Agriculture and Automobile Sectors. The agreement, which was reached in July, included Japan’s 100 Boeing aircraft, 75% higher US rice imports and 8 billion dollars of agriculture and crop products.
According to the executive order, Washington will apply a 15% tariff to almost all Japanese imports with separate sector taxes for automobiles and parts (aviation products, generic pharmaceutical goods and natural resources.
Thursday order, Trump’s country -specific tariffs prevents existing taxes. Lower tariffs, “entered for consumption or on August 7, 2025 at the eastern day light time or after the consumption withdrawal from the warehouse will be applied backwardly,” he said. Tariff aid in cars will enter into force after seven days.
Trump’s global tariff campaign threw the global supply chain into turmoil, especially in Japan’s large automobile industry. Last month, Toyota Trump warned that he expected a coup of approximately 10 billion dollars as he welcomed his sales to the United States as he welcomed his sales to the United States, and forced the full -year business profit to reduce his prediction by 16%.
Tariffs are also expected to reach the competitors, Ford has reportedly decreased. 3 billion dollars The GM is projecting a hit of $ 4 billion to $ 5 billion for the year.
Ryoosi Akazawa, Japan’s best trading negotiator, who visited Washington this week, gave a letter from Japan’s Prime Minister Shigeru Ishiba to visit Trump to visit his country. Kyoto News reported.
Political tides
The conclusion of the agreement came as a political pressure for the Japanese leader’s home assembly. The ruling liberal Democratic Party issued a long -awaited report on why he lost seats in the upper home elections in July at the beginning of this week.
The report damaged the party’s lack of appeal for measures for inflation, previous political scandals and weak mobilization of young voters.
Local media reports pointed out that many LDP’s key members intention to resign to the Prime Minister, while Ishiba plans to call to choose another leader in his party.
Although reports refrained from named individuals, James Brady, Vice President of Political Counseling, said, “A implicit indictment of Ishiba’s leadership to the party,” he said.
Analysts in the Eurasian Group argued that a challenge was low from a game that Ishiba is expected to take place on Monday next Monday in a report on Friday.
“The weak performance and weak performance of the low performance and activities, including former Prime Minister Aso Taro in the upper and lower home elections of Ishiba and in recent days, has returned the tide against ISTHIBA before the request of an election as an internal growth of 60% of the defeat in Ishiba’s selection.” He said.
