U.S. President Donald Trump holds a gift for Japanese Prime Minister Shigeru Ishiba during a press conference at the East Room of the White House in Washington on Feb. 7, 2025. Madalina Vasiliu/The Epoch Times
WASHINGTON—President Donald Trump signed an executive order on Sept. 4 to impose new 15 percent tariffs on Japanese goods and enact other provisions of a previous trade agreement with Tokyo, which includes $550 billion in investment commitments in the United States.
The U.S.-Japan trade deal, agreed on July 22, sets a baseline 15 percent tariff on nearly all Japanese imports. The tariffs will be applied retroactively to shipments from Aug. 7.
