U.S., Japan: Details of Trade Deal Revealed, but Disputes Still Likely
The White House released an executive order late on Sept. 4 with details on the U.S.-Japan trade deal, confirming a 15% tariff on most goods, including automobiles, as well as tariff exemptions for pharmaceuticals and certain natural resources, though the deal only vaguely outlines their investment agreement, with no timeline or clarification on the allocation of profits, Bloomberg has reported.