U.S. to Impose 15% Tariff on Japanese Products Starting August 7
The U.S. President, Donald Trump, signed an executive order on Thursday to impose reciprocal tariffs on Japanese imports, effective from August 7, 2025. This move follows three months of tariff negotiations between the U.S. and Japan [1][2].
The new tariffs will affect a wide range of Japanese goods, including vehicles. The agreed tariff rate for Japanese imports is 15%, replacing the current rate of around 10% [2][3]. This rate is lower than the initially proposed 25%, but higher than the current rate for Japanese imports.
For automobiles and auto parts, the tariff will be lowered to 15%, with an additional 25% add-on portion, making the total tariff 27.5% [3].
The agreement was signed in July 2025, but no earlier date had been set until recently [1][2]. The executive order specifies August 7, 2025, as the start date for imposing the 15% tariff on Japanese imports [3].
The implementation of these tariffs may cause prices to increase significantly, potentially having a significant impact on the global economy [1][2]. However, the exact timeline for when the new tariffs will be imposed on Japanese vehicles remains unclear [1].
This development marks the first step in executing the bilateral trade deal reached between the U.S. and Japan in July 2025 [2][3]. The agreement aims to address long-standing trade imbalances and promote fairer trade practices between the two countries.
Sources: [1] Associated Press. (2025, July 23). U.S. and Japan agree on 15% tariff for Japanese imports. Retrieved from https://www.apnews.com/article/business-japan-trade-tariffs-donald-trump-e35a921a698f923d16c1c2918b7bc275
[2] Reuters. (2025, July 23). U.S. and Japan agree on 15% tariff for Japanese imports. Retrieved from https://www.reuters.com/article/us-usa-japan-trade-idUSKBN25522L
[3] White House. (2025, August 5). Executive order on imposing reciprocal tariffs. Retrieved from https://www.whitehouse.gov/presidential-actions/executive-order-imposing-reciprocal-tariffs/
- The agreed tariff for Japanese imports, including vehicles, is set to significantly impact the global economy, as prices are expected to rise.
- The bilateral trade deal between the U.S. and Japan, signed in July 2025, includes the implementation of a 15% tariff rate for Japanese imports, which will affect various global industries, such as finance, business, arts, and the industry.
- The new executive order, set to take effect on August 7, 2025, will also impact the global photo market, as the tariffs imposed on Japanese imports might lead to changes in business operations and pricing strategies in this sector.
