Unlocking the Secrets Behind Japan’s Bold Trade Deal!

I I think it’s very important to know that you know 15% for Japan for reciprocal tariffs for autos uh that is a different kind of deal but the because the Japanese proposed a very innovative solution we’d been working with them for months the trade team uh myself ambassador Greer secretary Lutnik and they came to us with the idea of a Japan US partnership where they are going to provide equity, credit guarantees and funding for major projects in the US. So they got the 15% rate because they were willing to provide this innovative financing uh mechanism.

Explore the intricate world of international trade as Treasury Secretary Scott Bessent reveals how Japan managed to secure a 15% tariff on auto imports through an innovative partnership. Discover how Japan’s strategic approach, involving equity, credit guarantees, and funding for major U.S. projects, reshaped negotiations and opened the door to new economic opportunities. This captivating discussion sheds light on the dynamic trade landscape and the implications for future U.S. trade relations with other global powers, including the EU and China.
#JapanTradeDeal #USTradePolicy #AutoTariffs #EconomicInnovation #InternationalRelations #TradeNegotiations #GlobalEconomy #shorts

7 Comments

  1. In practice, these promises are politically binding and enforceable only to the extent that both governments continue to uphold the agreement — they do not carry the same level of legal enforceability as a full free trade agreement (like USMCA or the WTO system).