The president of the United States, Donald Trump, said that Japan was going to import Ford’s collection, although Tokyo is concerned about the application of the commercial agreement that has concluded with Washington. According to the agreement announced at the end of July by Donald Trump, Japanese products imported to the United States will be taxed at 15% since Thursday, well below the 25% surcharge that the archipelago was threatened.
In return, according to a White House memorandum, Tokyo markedly pledged to invest “$ 550 billion” on American soil, to increase their purchases of American rice and “increase long -data restrictions” that, according to Washington, are the access of US cars to the Japanese market.
Donald Trump expects to export Ford 150 to Japan
Before the agreement “if I was doing business in Japan, they arrested him. He was not allowed to do anything”, but “now Japan has opened completely,” said Donald Trump on Tuesday in an interview with the CNBC channel.
The F-150 is a utilitarian vehicle of more than two meters wide, at first sight little suitable for the narrow Japanese roads. These statements occur when Japanese negotiator Ryosei Akazawa is again in Washington this week to clarify the details of the agreement.
Japan treated as the European Union
The executive order signed by Donald Trump indicates that Japanese products will be reached from Thursday of “reciprocal” of 15%, which are added to the customs tasks previously applied. But Tokyo says, according to The Daily NikkeiHaving listened to Washington so that this level of 15% is actually the roof of the rights applied by integrating pre -existing rights, according to a method that already benefits from the EU.
Another conflict of interpretation about promised investments: “I receive a bonus of $ 550 billion. It is our money, we can invest it as let’s consider,” Donald Trump assured CNBC, comparing this sum with “the premium with the signing of a baseball player.” Tokyo assures him that they will be mainly loans and guarantees.
Finally, another uncertainty: Tokyo claims to have obtained that the total customs tasks applied to the car, the Japanese export pillar, will be reduced to 15%. The sector is currently imposed on the 25% surcharge since April, in addition to 2.5% already applied. But the calendar is still unknown to apply this revised level, the destination of the automotive sector is different from the reciprocal surcharges applied on Thursday.
Source: BFM TV
