Trump signs order to cut tariffs on Japanese cars to 15%

Published: 9/5/2025
Trump signs order to cut tariffs on Japanese cars to 15%
Donald Trump signs executive order to reduce tariffs on Japanese car imports from 27.5% to 15%, benefiting industry giants like Toyota, Honda, and Nissan. This move comes after months of negotiations with Japan and aims to reduce America's trade deficit while providing breakthrough opportunities for US businesses. Tokyo has also agreed to invest $550 billion in US projects and increase purchases of American goods, including cars, rice, and agricultural products, signaling a positive shift in US-Japan trade relations.