US president signs order to cut levies on Japanese cars to 15% | NYGazet

The formalisation of a deal that was announced in July eases uncertainty for Japan's motor industry giants.

US President Donald Trump signed an executive order on Thursday that cuts tariffs on Japanese car imports from 27.5% to 15%, easing uncertainty for motor industry giants like Toyota, Honda and Nissan. It formalises an agreement, which was announced i... [1750 chars]