The White House formally notified Congress it plans a trade agreement with Japan on tariffs and an executive agreement on digital trade.
In a September 16 notice to Congress, Trump again mentioned the initial accord and said the U.S. would be entering an “executive agreement” with Japan on digital trade, without providing details. The communication cites section 103(a) of the legislation, which gives the president the authority to do so as long as the tariff is no higher than five percent.
Japanese Foreign Minister Toshimitsu Motegi says Tokyo wants to stymie the threat of new auto tariffs before agreeing to a final trade deal with the U.S. and is seeking confirmation on the position. Motegi, Japan’s point person with U.S. on trade negotiations, told reporters in Tokyo that there is consideration of language covering car tariffs.
Expectations are still for the accord to be inked yet this month.
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