Overview

• President Trump signed the order on Sept. 4, setting a 15% baseline tariff on most Japan‑origin imports, with implementation seven days after signing.
• The change replaces rates that reached 27.5% on cars and parts and is reported to extend the 15% levy to nearly all Japanese exports, including some non‑auto goods.
• Japan will increase purchases of U.S. agricultural products by 75%, worth about $8 billion annually, with a notable rise in rice imports.
• The agreement includes a Japanese pledge to invest $550 billion in the United States, though timing and oversight details remain unspecified.
• Shares of Japanese automakers and Tier 1 suppliers rose in Tokyo, and motor finance providers expect steadier pricing and residual‑value forecasts after earlier tariff volatility.