Japan, US agree to lower Japan auto tariff to 15%, sources say
ReutersJul 23, 2025 1:17 AM
TOKYO, July 23 (Reuters) - Japan and the United States have agreed to set Japanese auto tariffs at 15%, five sources told Reuters.
The countries have agreed to reduce additional tariffs on Japanese automobiles to 12.5% from an earlier planned 25%, bringing the total to 15%, including the original 2.5% rate, the sources said.
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