Japan pushes U.S. to act on auto tariff cut deal

AWANI

apan’s top negotiator heads to Washington to urge swift U.S. action on a deal to cut auto tariffs, amid concerns over stacking rules and investment terms.

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00:00Japan's Chief Trade Negotiator Ryosei Akazawa travels to Washington on Tuesday to push for a swift implementation of the recent auto tariff deal.

00:09The agreement reached last month lowers United States tariffs on Japanese car imports from 27.5% to 15% though no start date is announced.

00:21Tariffs on other Japanese goods would also drop from 25% to 15% starting Thursday under the same trade agreement.

00:29Akazawa said Japan will urge the US to sign an executive order enacting the agreed tariff reduction on automobiles and components.

00:37He also raised concerns about stacking where goods could face multiple tariffs and sought exemption for items already taxed above 15%.

00:45A US executive order issued on July 31 listed a no stacking clause for the European Union but did not mention Japan.

00:53Akazawa said Japan has received assurances from the US that it will be treated equally to the EU regarding tariff stacking.

01:00He said Japan has received assurances from the US to the Festivals.

01:09He said Japan cannot name aْ Shows China.

01:14He said there is no rulemaking Ник Again.

01:16He says Japan means a lot of兄弟s.

01:20Get them what they call them.

01:22Believe the 74

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