Report: US and Japan Close to Agreement on Reducing Auto Tariffs
2 day ago / Read about 0 minute
Author:小编   

On September 4, sources within the Japanese government revealed that Japan and the United States have advanced to the final stages of negotiations aimed at lowering Japan's auto import tariffs. The proposed plan entails a reduction from 27.5% to 15%, with implementation set to commence within 10 to 14 days following the issuance of an executive order by the US President. It is anticipated that these changes will come into effect before the end of the current month. Nevertheless, the exact effective date remains a topic of ongoing discussions, and the final decision rests solely with President Trump. The US Embassy in Tokyo has yet to issue a statement on this matter.