Trump signs order to lower tariffs on Japanese auto imports Investing.com -- U.S. President Donald Trump signed an order on Thursday to implement lower tariffs on Japanese automobile imports and other products that were announced in July. The reduced tariff rate on Japanese cars will decrease from the current 27.5% to 15%, and is set to take effect by the end of September. The lower tariffs on autos will become effective seven days after the publication of the order, with some tariff relief being applied retroactively to August 7. According to the order, Japan is "working toward an expedited implementation of a 75% increase of United States rice procurements... and purchases of United States agricultural goods, including corn, soybeans, fertilizer, bioethanol (including for sustainable aviation fuel)" and other U.S. products totaling $8 billion per year. The order also confirms that the Japanese government has agreed to invest $550 billion in the United States in projects that will be selected by the U.S. government. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

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Video Stocks dive ahead of 25% tariff on auto imports to U.S. on April 3rd - ABC News Video Stocks dive ahead of 25% tariff on auto imports to U.S. on April 3rd  ABC News

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Don The Con said Wednesday he was placing 25 percent tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains.

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Stock market today: Asian shares sag after Trump raises tariffs on auto imports - The Associated Press Stock market today: Asian shares sag after Trump raises tariffs on auto imports  The Associated Press

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Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports - CNBC Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports  CNBC

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