Japan’s tariff solution includes USD 550 billion investment directed by U.S.
On July 23, U.S. Treasury Secretary Scott Bessent spoke about U.S. talks with the European Union while noting that Japan secured its lower 15% auto tariff rate by proposing an innovative financing package. The 15% rate represents a new tariff of 12.5% on top of the older 2.5% rate.
Bessent explained that Japan’s redu
