US Treasury Secretary warns Japan: If the trade agreement does not meet Trump's expectations, tariffs will go back up to 25%
According to a report from Japan's Kyodo News on the 24th, US Treasury Secretary Benet said in an interview with Fox News that if the implementation of the trade agreement reached between the US and Japan leaves President Trump dissatisfied, the US tariff rate on Japan will return to 25%. Previously, on the 22nd, Trump tweeted on social media that the US and Japan had reached a trade agreement, with the original 25% equivalent tariff rate being lowered to 15%, and Japan will also invest $55 billion in the US.
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