US President Donald Trump has signed an executive order officially putting into action the US-Japan trade agreement, the White House said on Thursday (US local time).
The trade agreement applies a baseline tariff of 15 per cent on nearly all Japanese imports entering the US, with the executive order mentioning that the Government of Japan has agreed to invest $550 billion in the United States.
The White House said in a post on X, "@POTUS has signed an Executive Order officially implementing the US-Japan Trade Agreement."
