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    RetroRock Radio RetroRock Radio -CNYs New Brew

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Trump announces trade deal with Japan that lowers threatened tariff to 15%

todayJuly 22, 2025 4

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Japanese Prime Minister Shigeru Ishiba, right, shakes hands with U.S. Treasury Secretary Scott Bessent before their meeting at the prime minister

The 15% tax on imported Japanese goods is a meaningful drop from the 25% rate that Trump, in a recent letter to Japanese Prime Minister Shigeru Ishiba, said would be levied starting Aug. 1.

(Image credit: Shuji Kajiyama)

Written by: Prometheus

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