Japan acknowledges US trade agreement that lowers tariff to 15%

え、今般米国の完税措置に関する日米協議 についてトランプ大統領との間で合意に 至りました。まずは国の機間産業である 自動車及び自動車部品について本年4月 以降に貸された25%の追加完税率を反減 し、既存の税率を含め15%とすることで 合意をいたしました。世界に先け数量制限 のない自動車、自動車部品完税の引き下げ を実現をすることができました。守るべき ものは守った上で日米両国の国撃に一致 する形での合意を目指してまいりました。 今回トランプ大統領との間でまさにその ような合意が実現するということになった ものと考えております。私トランプ大統領 との間で今般の合意の実施に務めるととも に経済のみならずあらゆる分野での日米 関係をさらに発展をさせで開かれたインド 太平洋の実現に向けてさらに取り組んで まいります。

Japanese Prime Minister Shigeru Ishiba on Wednesday acknowledged the trade agreement with the United States that places a 15% tax on goods imported from Japan, saying it would benefit both sides and help them to work together to serve their international roles.

Photo credit: Kyodo News
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15 Comments

  1. "Something serious is happening in Japan right now. In last autumn's House of Representatives election, the Tokyo Metropolitan Assembly election last month, and the House of Councillors election held three days ago, the ruling party lost its majority and faced a disastrous defeat. Despite this, Prime Minister Mr. Ishiba refuses to take responsibility and clings to his position. This is akin to a baseball player who has struck out but kicks and screams, refusing to leave the batter's box; it is something that is simply unreasonable. Such a brazen and shameless Prime Minister is unprecedented in Japanese history. It is necessary to remove Mr. Ishiba from the position of Prime Minister to prevent Japan from heading in the wrong direction. I kindly ask the journalists to cover this issue and broadcast it to your country and the world! Please!"

  2. 📰 The framework fits a growing pattern for Trump, who is eager to portray the tariffs as win for the U.S. His administration says the revenues will help reduce the budget deficit and more factories will relocate to America to avoid the import taxes and cause trade imbalances to disappear.

    The wave of tariffs continues to be a source of uncertainty about whether it could lead to higher prices for consumers and businesses if companies simply pass along the costs. The problem was seen sharply Tuesday after General Motors reported a 35% drop in its net income during the second quarter as it warned that tariffs would hit its business in the months ahead, causing its stock to tumble.

  3. 📰 The Trump administration has a separate negotiating period with China that is currently set to run through Aug. 12 as goods from that nation are taxed at an additional 30% baseline.

    Treasury Secretary Scott Bessent said he would be in the Swedish capital of Stockholm next Monday and Tuesday to meet with his Chinese counterparts. Bessent said his goal is to shift the American economy away from consumption and to enable more consumer spending in the manufacturing-heavy Chinese economy.

  4. Japanese Prime Minister showed weakness. PM will be forced to resign as he is a weak leader. Japan deal with the USA is a poor deal. Tariffs on cars and other imports at 15% when it was lower at 3.5% and only on a few items. Again, the USA taking advantage of Japan since 1940’s.

  5. Very strange agreement. On July 31st, a US Appeals Court may end up confirming the US Court of the International Trade decision that these executive 'emergency tariffs' are unlawful. So, what if NO tariffs are then permitted by these executive actions. Has Japan sold itself out prematurely.
    If Japan is agreeing to have the tariffs placed, those voluntary tariffs are unlikely to be revoked by the Court of Appeals decision.