Executive Order Implements U.S.–Japan Agreement to Address Trade Deficit and Strengthen Security
Impact Score: 4.4
Timeline: Retroactive tariff adjustments effective August 7, 2025; HTSUS modifications published within 7 days after Federal Register notice.
Summary: This Executive Order enacts the U.S.–Japan Agreement to impose a baseline 15% tariff on most Japanese imports, with exemptions for key sectors and products. It aims to reduce the trade deficit, bolster national security, and support American manufacturing. Japan commits to expanding market access for U.S. goods, $550 billion in investments, and increased procurement of U.S. agricultural and manufactured products. The order delegates tariff implementation and monitoring authority to federal agencies, enabling adjustments to ensure compliance and economic priorities.
Key Actions: Vanderbilt’s offices should monitor tariff impacts, explore new research and collaboration opportunities with Japanese partners, adjust procurement strategies, and leverage Japan’s investment commitment to enhance programs and infrastructure.
View Full Report
