Fact Sheet Released Regarding Japanese Trade Deal
On July 23, 2025, the White House published a fact sheet regarding the in-progress trade deal with Japan.
The details of the trade deal, according to the fact sheet, include:
- Japan to invest
$550 billion to rebuild and expand core American industries such as:
- Energy infrastructure and production
- Semiconductor manufacturing and research
- Critical minerals mining, processing, refining
- Pharmaceutical and medical production
- Commercial and defense shipbuilding
- U.S. will retain 90% of the profits from this investment
- 15% reciprocal tariff rate for Japanese-origin goods
- Japan to open access to
U.S. exports in the following areas:
- Agriculture and food (rice, corn, soybeans, fertilizer, bioethanol, and sustainable aviation fuel)
- Energy
- Manufacturing and
aerospace
- Purchase of 100 Boeing aircraft
- Additional purchases of U.S. defense equipment
- Automobiles and
industrial goods
- Restrictions on U.S. cars and trucks to be lifted
- Broader openings for a range of industrial and consumer goods
It should be noted that while Japan’s Prime Minister has said in the case of automobiles that the 15% is a 2.5% most-favored nation rate plus an additional 12.5% tariff, no such mention of this was made in the fact sheet.
Trade Deal Announced with EU
On July 27, President Trump announced that a trade deal had been reached with the EU.
This deal will include the EU purchasing $750 billion worth of U.S. energy and investing an additional $600 billion in the U.S, on top of any existing investments. They will also purchase an as-of-yet undetermined amount of U.S. military equipment. As far as tariffs are concerned, the EU will lower its tariff rates on U.S.-origin goods to 0%, while the U.S. will apply a 15% tariff across the board for EU-origin goods, including automobiles. Steel and Aluminum products, at this time, will remain subject to the 50% Section 232 tariffs upon entry to the U.S.