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Kiplinger
Kiplinger
Business
Sean Jackson

Japan Tariffs: 5 Things That Might Get More Expensive for You

BERKELEY, CALIFORNIA - JULY 15: A matcha drink is made at Third Culture on July 15, 2025 in Berkeley, California. A recent surge in matcha's popularity has led to a global matcha shortage, driven by soaring demand and limited production in Japan, where high-quality matcha is grown. The labor-intensive harvesting and processing methods of matcha, along with a decline in the number of Japanese tea farmers, have further exacerbated the shortage. (Photo by Justin Sullivan/Getty Images).

Tariffs have been a dominating topic since Donald Trump became president again. And as trade deals finalize, we're starting to get a clearer picture of how tariffs will impact prices moving forward.

Trump secured a trade deal with Japan last week that includes a 15% tariff on Japanese goods. Trump said of the agreement, "I just signed the largest trade deal in history; I think maybe the largest deal in history with Japan."

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