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International Business Times
International Business Times
Business

Lower US Tariffs On Japan Autos Kick In

Lower US tariffs on Japanese autos are set to take effect as Washington implements a trade pact it has negotiated with Tokyo (Credit: AFP)

Lower US tariffs on Japanese autos kicked in on Tuesday, as a relieved Tokyo welcomed the implementation of a trade pact negotiated with Washington.

As of 1.01 pm (0401 GMT), Japanese cars entering the United States face a 15 percent tariff instead of 27.5 percent, providing manufacturers some reprieve from the hefty duties imposed by President Donald Trump earlier this year.

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