US cuts Japan auto tariffs to 15%

来源 Cryptopolitan

The United States has officially lowered import tariffs on Japanese cars and auto parts to 15% from the previous 27.5%, marking a major step in the trade pact between the world’s largest and third-largest economies.

The revised duty structure, enacted through an executive order signed by President Trump on September 4, directs U.S. Customs and Border Protection to collect the reduced 15% rate on passenger cars, light trucks, and auto parts from Japan.

The change took effect at 12:01 a.m. Eastern Daylight Time on September 16, applying to goods entered for consumption or withdrawn from warehouses afterward. According to officials, tariffs overpaid on qualifying imports since August 7 will also be refunded.

The administration described the tariff cut as part of its broader strategy to rebalance trade relationships and encourage investment within the U.S. However, Commerce Secretary Howard Lutnick cautioned that Japan could face renewed tariff hikes if it fails to meet its investment commitments in America.

A few weeks ago, Ryosei Akazawa, the head of Japan’s trade negotiating team, indicated he was leading his cavalry back to Washington to push for swift action on the auto tariff cut. As reported by Cryptopolitan, Chief Cabinet Secretary Yoshimasa Hayashi had also called for quicker issuance of Trump’s executive order to reduce auto tariffs.

Tokyo accepts tariff cut with investment pledge

After branding the measure as vital to its economic health, Japan had been urging the United States for months to deliver on a pledge to lower tariffs on shipments of automobiles. Japan’s economy is based on the car industry, contributing much of its gross domestic product, exports, and jobs. Passenger cars and parts are the single category that Japan ships to America, so tariff levels are crucial for corporate profits, wages for employees, and the broader industrial competitiveness of a nation.

The announcement came after Tokyo promised to support efforts to help anchor the deal with a $550 billion fund focusing on migrating capital into American infrastructure, energy, and technology. American officials have touted the pledge to assist local industries and jobs. But there is still a residue of uncertainty. Washington presented the fund as a direct sponsorship of Trump’s economic agenda; Tokyo, in broader strokes, has called it an investment vehicle following corporate decisions. The absence of interpretation has led to speculation on whether the fund will be translated and politicized over those funds that eventually materialise in the months ahead.

And beyond its headline numbers, it also contained the outlines of shared trade opportunities. Japan is committed to improving market access for United States agricultural products such as beef, pork, and dairy. It also vowed to clamp down on approvals of United States-made vehicles. It also telegraphed that both governments would work together in new tech areas like semiconductors, clean energy, and digital infrastructure, seen as strategic to future growth and global competition.

Automakers respond to tariff cut

Japanese automakers welcomed the news as an answer to their prayers, arguing that it would fuel less uncertainty around supply chains and pricing if duties were to come down. “It’s a good step forward for long-term planning and competitive operations,” one senior Toyota executive said.

US auto policy groups were less enthusiastic. The authors noted that Japanese car companies would have a price advantage. Meanwhile, their American competitors were burdened with the higher prices they paid for steel, aluminum, and other supplies. Some lawmakers on Capitol Hill have also pushed back, warning that the agreement could jeopardize American workers as domestic manufacturers continue to lose market share.

The deal, economists said, could help spur a rebound in car sales in the United States by lowering retail prices for some of America’s most popular Japanese models. The clause is also retroactive, so importers paying above the correct tariff rate for the last three months, since August, are entitled to refunds aimed at bringing fresh liquidity into the processor sector.

If you're reading this, you’re already ahead. Stay there with our newsletter.

免责声明:仅供参考。 过去的表现并不预示未来的结果。
placeholder
Tesla股价10年大涨百倍的启示-未来特斯拉股价走势如何?特斯拉股票怎么买?经过2022年至今全球股灾的洗礼,Tesla股价拉回一段,但是自挂牌以来累计的涨幅仍然超过百倍,堪称这十年来全球新能源科技发展下的最大赢家。
作者  Mitrade
6 月 09 日 周一
经过2022年至今全球股灾的洗礼,Tesla股价拉回一段,但是自挂牌以来累计的涨幅仍然超过百倍,堪称这十年来全球新能源科技发展下的最大赢家。
placeholder
比特币跌破11万美元关口!以太币跌超10%!9月魔咒威力初现?9月历来是BTC和ETH表现最差的月份,加密货币市场回调可能仍未停止。
作者  Alison Ho
8 月 26 日 周二
9月历来是BTC和ETH表现最差的月份,加密货币市场回调可能仍未停止。
placeholder
比特币价格反弹突破11.6万!以太币同步冲高,未来继续涨?比特币(BTC)突破11.6万美元,创一个多月新高。以太币(ETH)连续第四日上涨,站上4500美元。
作者  Alison Ho
9 月 12 日 周五
比特币(BTC)突破11.6万美元,创一个多月新高。以太币(ETH)连续第四日上涨,站上4500美元。
placeholder
两因素共振下美元已岌岌可危?黄金短期仍有进一步上行空间!在关税总体趋向缓和背景下,美国劳动力市场疲软及通胀一次性的判断已为美联储重启降息扫清了障碍。然而拖累美元下跌的因素难以消除,财政赤字与贸易赤字叠加经济衰退的持续发酵预计将拖累美元下行。 另外,欧央行连续两次议息会议上宣布维持利率不变,表明欧央行此轮降息周期或宣告结束,欧美央行货币政策差异及德美利差收窄同样将令美元承压,这意味以美元计价的贵金属、有色金属、能源有望迎来新一轮的上涨行情。
作者  Insights
9 月 12 日 周五
在关税总体趋向缓和背景下,美国劳动力市场疲软及通胀一次性的判断已为美联储重启降息扫清了障碍。然而拖累美元下跌的因素难以消除,财政赤字与贸易赤字叠加经济衰退的持续发酵预计将拖累美元下行。 另外,欧央行连续两次议息会议上宣布维持利率不变,表明欧央行此轮降息周期或宣告结束,欧美央行货币政策差异及德美利差收窄同样将令美元承压,这意味以美元计价的贵金属、有色金属、能源有望迎来新一轮的上涨行情。
placeholder
美联储利率决议前夕金价涨势停滞,黄金或因这点迎调整!超级央行周来临,黄金连续四个交易日涨势停滞!美联储独立性冲击有望缓解,美元存止跌可能;黄金技术分析:3720-3760为强阻力区域,警惕调整压力加剧可能
作者  Insights
19 小时前
超级央行周来临,黄金连续四个交易日涨势停滞!美联储独立性冲击有望缓解,美元存止跌可能;黄金技术分析:3720-3760为强阻力区域,警惕调整压力加剧可能
goTop
quote