Japan, U.S. Strike Trade Deal with Tariff Rate at 15 Pct

HEADLINES

Tokyo, July 23 (Jiji Press)–Japanese Prime Minister Shigeru Ishiba said Wednesday that his country and the United States have concluded a trade agreement setting the rate of the United States’ so-called reciprocal tariff on imports of Japanese goods at 15 pct. The U.S. levy on automobile imports from Japan will be set at 15 pct, down from the 27.5 pct tariff currently in effect. Japan w…

Tokyo, July 23 (Jiji Press)–Japanese Prime Minister Shigeru Ishiba said Wednesday that his country and the United States have concluded a trade agreement setting the rate of the United States’ so-called reciprocal tariff on imports of Japanese goods at 15 pct. The U.S. levy on automobile imports from Japan will be set at 15 pct, down from the 27.5 pct tariff currently in effect. Japan w…