On July 23, 2025, the White House published a fact sheet with details on a Trade and Investment Agreement between the U.S. and Japan.
According to the fact sheet, imports from Japan will be subject to a 15% base tariff rate, intended to "help narrow the trade deficit with Japan". Additionally, the Agreement states that Japan will create additional access to markets such as agriculture, energy, and automobiles.
The fact sheet can be found here:
https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-secures-unprecedented-u-s-japan-strategic-trade-and-investment-agreement/
