June 11, 2026
Agreement includes a 15% tariff on all Japanese imports and a Japanese pledge to invest $550bn in the US
"Immediate and decisive action is needed to prevent widespread disruption and economic fallout across the vehicle supplier sector," MEMA says
German automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle their local economies
He says the US will need all those products if there are problems including wars
