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US-Japan Sign Agreement Featuring 15% Tariff on Imports, According to Trump

US President Donald Trump announced on Tuesday that he has reached a trade deal with Japan. According to the agreement, the US will impose a 15% tariff on goods imported from Japan, which is lower than the previously threatened tariff of 25%. Trump hailed the deal as a historic measure that will create hundreds of thousands of jobs. He also stated that the US will maintain a strong relationship with Japan.

After Trump’s announcement, Japanese Prime Minister Shigeru Ishiba expressed his willingness to meet or speak with Trump after being informed about the deal’s details by Japan’s top trade negotiator Ryosei Akazawa, who has been engaged in negotiations in Washington. More updates on this story will be provided later.

Source: https://www.dw.com/en/trump-announces-massive-trade-deal-with-japan-that-includes-15-tariffs-on-japanese-goods/a-73377531?maca=en-rss-en-all-1573-rdf

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