After months of fraught negotiations with the United States, Japan clinched a deal just days before punitive tariffs were scheduled to take effect.

View PDF After more than three months of formal negotiations and many more months of speculation about the Trump administration’s trade and economic policy toward Japan, Washington and Tokyo have agreed to a trade deal.

After three months of negotiations, Japan and the United States reached a realistic deal that is expected to minimize the impact of US tariffs on the Japanese economy. The deal sets a 15 percent US reciprocal tariff on imports from Japan,