https://www.taxtmi.com/news?id=50341 The agreement sets a 15% tariff on Japanese passenger vehicles replacing a higher threatened import tax, paired with Japanese investment commitments and elimination of regulatory barriers to US vehicle sales in Japan. US automakers assert the deal disadvantages domestic producers because they continue to face higher tariffs on steel, aluminum and parts and some USMCA-covered products retain different treatments; the disparity may spur renegotiation and affect review of regional trade arrangements. en-us Thu, 24 Jul 2025 00:16:03 +0530 Thu, 24 Jul 2025 00:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50341 The agreement sets a 15% tariff on Japanese passenger vehicles replacing a higher threatened import tax, paired with Japanese investment commitments and elimination of regulatory barriers to US vehicle sales in Japan. US automakers assert the deal disadvantages domestic producers because they continue to face higher tariffs on steel, aluminum and parts and some USMCA-covered products retain different treatments; the disparity may spur renegotiation and affect review of regional trade arrangements. News - Thu, 24 Jul 2025 00:16:03 +0530 https://www.taxtmi.com/news?id=50341