ab 23 July 2025 Global Research First Read Global Battery Supply Chain US-Japan trade deal implications What's new? US President Trump announced a trade deal with Japan to set 'Reciprocal Tariff' rate at 15%. In addition, NHK reported, citing an unnamed Japanese government official, that Section 232 sectoral tariff rate on Japanese automobiles was agreed to be reduced by half from 25% to 12.5%. It is unclear if the sectoral change would also apply to auto parts ( batteries ). Implications If Korea was to si ...