US, Japan Seal Landmark Trade Deal, Tariffs Cut to 15%
US, Japan Seal Landmark Trade Deal, Tariffs Cut to 15% WASHINGTON/TOKYO – The United States and Japan have successfully concluded a major trade agreement, significantly reducing threatened auto and “reciprocal” tariffs from 25% to 15%. This landmark deal, finalized today, culminates months of intense negotiations and comes just ahead of an August 1 deadline. U.S. President Donald Trump, writing on Truth Social, lauded the pact as “a massive Deal with Japan, perhaps the largest Deal ever made.” Japanese Prime Minister…