According to the White House, the agreement establishes a 15% baseline tariff on most Japanese imports and secures an $8 billion annual commitment from Japan for U.S. agricultural products.
President Trump has signed an executive order implementing a trade agreement with Japan. The deal sets a 15% baseline tariff on most Japanese imports and includes specific arrangements for the auto, aerospace, and pharmaceutical sectors. Under the agreement, Japan committed to purchasing $8 billion in U.S. agricultural products annually and will recognize U.S. safety certifications for American cars sold in its market.