Updated Tariff Guidance: U.S.–Japan Agreement Brings 15% Baseline Rate
On September 16, 2025, the Department of Commerce published the tariff modifications needed to implement the United States–Japan Agreement (Executive Order 14345). The agreement sets a baseline 15% tariff on nearly all imports from Japan, with special treatment for automobiles, auto parts, and civil aircraft. These changes stem from both IEEPA reciprocal tariffs and Section 232 measures, meaning importers must […]