U.S. cuts tariffs on Japanese cars to 15%, leaving Korean autos at 25%
The Trump administration has lowered tariffs on Japanese cars to 15%, creating a reversal in trade conditions with South Korea, where autos remain subject to a 25% levy.
According to the Federal Register on September 15, the tariff cut took effect at 12:01 a.m. on September 16 (1:01 p.m. Seoul time). The change stems from a U.S.-Japan trade agreement signed..