Implementing The United States–Japan Agreement

The order directs federal agencies to implement a trade agreement between the United States and Japan. The agreement establishes a tariff system where the U.S. will apply a 15 percent tariff on most Japanese imports, with specific treatments for certain sectors. Japan, in return, will increase its procurement of U.S. goods, including a 75 percent increase in rice procurements and purchases totaling $8 billion per year in agricultural goods and other products. Additionally, Japan has agreed to invest $550 billion in the U.S., anticipated to create numerous jobs and expand domestic manufacturing.