Trump Signs Order To Lower US Tariffs On Japan Autos To 15%

When Trump increased tariffs on Japan in August -- as part of a flurry targeting dozens of economies -- its 15-percent rate stacked on existing levels for many products (Credit: AFP)

US President Donald Trump signed an order Thursday to lower tariffs on Japanese autos, as Washington moves to implement its trade pact negotiated with Tokyo.

Japanese autos will face a 15-percent tariff instead of the current 27.5 percent, while the level for many other goods will similarly be capped at 15 percent, according to the text of the executive order published by the White House.