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  • October 9, 2026
  • Last Update July 17, 2026 9:28 pm
  • United States of America

US-Japan trade pact set to reshape commercial vehicle industry

US-Japan trade pact set to reshape commercial vehicle industry

The US and Japan have finalized a significant trade agreement, opening Japanese markets to US goods, including automobiles, trucks, rice, and selected agricultural products. The deal imposes a 15% tariff on Japanese exports to the US, marking a notable shift in bilateral trade relations and signaling potential changes in the commercial vehicle sector.

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