Japanese Prime Minister Sigerou Isiba said today that he would first consider the details of the bilateral trade agreement announced by US President Donald Trump before making any statement. “As for the interpretation of the outcome of the negotiations, I am not able to discuss it after carefully after looking at the details of the talks and the deal,” Mr Isiba told the press in Tokyo, asked about the announcement made by Mr Trump yesterday. US duties in Japanese cars are reduced to 15%. The agreement between Washington and Tokyo predicts that US duties on Japanese cars exported to the US market will go down to 15%, Japanese media reported today. Currently duties on Japanese vehicles, spare parts or components exported to the US amount to 25%. According to the public television NHK and the ASAHI newspaper, customs duties will be impacted (at 12.5%) and they will add pre -existing ones, […]
Source: News Beast
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