Trump increased customs in April to foreign cars at 27.5 percent, justifying the measure of national security reasons.
This move was significantly struck by Japanese car manufacturers, reducing their profit margins, reports the Kyodo Agency.
The reduced customs part of the agreement reached on 22. July between the US and Japan, on the basis of which, in exchange for reduced customs, Japan agreed to increase investments in the United States and increase the import of American agricultural products.
Trump was 4. September signed by the Executive Regulation, which granted a special treatment for Japan within the new US Customs Policy.
The Trump Administration also announced that all surpluses will be collected from 7. Augusta Japanese importers will be returned retroactively.
(Vijesti.ba)
