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Japan and US seal trade deal; Trump vows chips curbs
Hindustan Times Delhi
|September 06, 2025
WASHINGTON: President Donald ‘Trump signed an executive order on Thursday implementing his trade agreement with Japan, with a maximum 15% tariff on most of its products, including automobiles and parts.
The deal, including a promise that Japan will create a $550 billion US investment fund, was reached in July, but had yet to be formalised as Washington and Tokyo haggled over its terms. Japan's top trade negotiator, Ryosei Akazawa, who was in ‘Washington this week for talks, met with Trump on Thursday, according to a US official.
This story is from the September 06, 2025 edition of Hindustan Times Delhi.
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