米べいあす新あらたな関税かんぜいの期日きじつ日本にっぽんは15じゅうご％関税かんぜいの大統領だいとうりょう令れい署名しょめい求もとめる

The deadline for the Trump administration in the United States to impose new tariffs on countries and regions with large trade deficits is approaching, just after 1:00 p.m. Japan time on August 1.

Regarding the 15% tariff on Japan agreed upon in the Japan-U.S. negotiations, the Japanese government is seeking the signing of an executive order by the President, aiming for the 1st.

We will provide ongoing updates on the movements between Japan and the United States as the deadline for imposing new tariffs approaches tomorrow.

The Trump administration, in April of this year, imposed a uniform 10% tariff on all countries and regions. However, regarding reciprocal tariffs targeting countries and regions with large trade deficits, the measure was temporarily suspended for 90 days until July 9th on the same day it was enacted, due to turmoil in the financial markets and other factors.

President Trump signed an executive order to further extend the deadline to August 1, and also released a statement setting new tariff rates for each country and region.

In the letter, the tariff rate for Japan was stated as 25%, but as a result of the Japan-U.S. negotiations, it has been agreed to set it at 15%.

However, no documents regarding the agreement have been exchanged between the Japanese and U.S. governments, so it is unclear when the tariff will become 15%.

Minister of Economy, Trade and Industry Muto stated at a press conference after the cabinet meeting on the 29th, With the deadline of August 1 in mind, we are promptly requesting necessary measures such as the issuance of a presidential executive order. The Japanese government is urging the U.S. side to sign the executive order as soon as possible, and attention is focused on whether President Trump will sign it by the 31st.

On the other hand, since the uniform 10% tariff currently imposed in many countries, including Japan, will be raised, concerns about inflation in the United States will increase even further.

It is also feared that, for each country, the increase in costs due to tariffs in the United States—the world’s largest market—will have a broader negative impact on their economies.

He also stated, Although the presidential order required to lower tariffs in accordance with the Japan-U.S. agreement has not yet been issued at this time, we will continue to strongly urge the United States to promptly take necessary measures, such as issuing the presidential order, with the deadline of the 1st of next month in mind.

President Trumps Tariff Measures: Objectives President Trumps tariff measures have four main objectives: eliminating the trade deficit, bringing manufacturing back to the United States, securing financial resources such as for tax cuts, and serving as a bargaining chip to solve various issues.

President Trump has long insisted that the United States has been continually deprived of its wealth by foreign countries and has been running massive trade deficits. He positions tariffs as a means to correct trade imbalances and eliminate these deficits.

As President Trump, it is believed that one of his aims with the tariff measures is to bring manufacturing back to the United States and increase employment, thereby gaining support from workers and others.

According to the Ministry of Finance, customs revenue in June 2025 reached a record high of approximately 27 billion dollars, and Finance Secretary Bessent has indicated that it could significantly exceed 300 billion dollars by the end of the year.

The U.S. Congressional Budget Office has released an estimate that, due to the law enacted in July which included large-scale tax cuts, the fiscal deficit will increase by approximately $3.4 trillion over the next ten years.

If tariff measures increase revenue, it will be possible to offset the fiscal deficit.

As a negotiation card: Furthermore, President Trump has made it clear that he intends to use tariffs as a negotiation card to solve various issues.

The Trump administration, from the very beginning of its tenure, imposed tariffs on Mexico, Canada, and China, citing issues such as drugs and immigration. It also warned Russia that severe tariffs would be imposed unless a ceasefire is agreed to. Furthermore, regarding the armed conflict between Thailand and Cambodia, the administration strongly urged a ceasefire by using tariffs as leverage, stating, As long as the fighting continues, we will not engage in trade negotiations with either country.

President Trump is increasingly expected to continue placing tariffs at the center of his policies, as various effects are anticipated.

The store of the major American apparel company GAP located in the heart of Times Square, New York, was bustling with many shoppers.

This company procures products from various Asian countries, and last year’s procurement ratio by country was 27% from Vietnam, 19% from Indonesia, and less than 10% from China.

At the financial results briefing in May this year, the company revealed that if the tariff measures of 30% on Chinese products and 10% on products from other countries continue, it will lead to an annual cost increase of 250 million to 300 million dollars.

The Trump administration plans to impose a 20% tariff on Vietnam and a 19% tariff on Indonesia, which could lead to further cost increases.

Nike, a major sports manufacturer, has announced plans to raise prices on some products sold in the United States starting this fall, taking into account the impact of tariffs.

Also, in May of this year, major retailer Walmart indicated that it would be difficult to absorb all of the increased costs caused by the Trump administrations tariff measures, and that price increases on products would be unavoidable.

The economic channel CNBC tracked about 50 items at Walmart over a period of seven weeks, and reported that, comparing May and July, prices were raised on more than 10 items, with the largest price increase being 51%.

Introduction of Trump Tariffs: Background So Far On April 2nd of this year, U.S. President Trump announced the introduction of a uniform 10% tariff on all countries and regions, as well as reciprocal tariffs targeting countries and regions with large trade deficits.

All of these measures are based on the IEEPA International Emergency Economic Powers Act, which allows the president to impose restrictions on imports and exports by declaring a state of emergency. The reason given was that the huge trade deficit and the hollowing out of domestic industries in the United States constituted a state of emergency.

Of these, the reciprocal tariffs caused turmoil in the financial markets because the details exceeded expectations.

The situation, described as a triple decline of falling stocks, bonds, and the dollar, prompted President Trump to announce on April 9 that the measures would be suspended for 90 days on the very day they were implemented.

The Trump administration had been negotiating with various countries during this period, but by the deadline of July 9th, when the reciprocal tariffs were to be temporarily suspended, they had not reached agreements with many countries and regions, including Japan and the EU European Union.

Based on the progress of consultations with the trading partner, President Trump decided once again to extend the deadline and signed an executive order to suspend the measures until August 1.

On the other hand, President Trump announced one after another on social media, starting July 7, that he would impose new tariff rates from August 1.

It is said that the imposition of tariffs indicated in the letter requires the signing of a new presidential executive order.

However, the U.S. Court of International Trade has ordered an injunction against measures such as reciprocal tariffs based on the IEEPA International Emergency Economic Powers Act.

While the Federal Court of Appeals is reviewing the case, this decision has been temporarily suspended and the tariffs continue to be collected, but an oral argument is scheduled to be held at the Federal Court of Appeals on July 31.