Trump Slaps 24% Tariff on Japanese Imports as Tokyo Counters with Massive US Investment Strategy
08 February 2026

Trump Slaps 24% Tariff on Japanese Imports as Tokyo Counters with Massive US Investment Strategy

Japan Tariff News and Tracker

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Welcome to Japan Tariff News and Tracker. President Donald Trump has slapped a 24% tariff on Japanese imports, as detailed in his latest reciprocal tariff chart from The Daily Star, placing Japan fifth on the list behind Vietnam at 46% and ahead of India at 26%, all on top of a universal 10% base rate. This move, announced just this week, reflects Japan's tariffs on US goods at 46%, aiming to level the playing field and boost American manufacturing.

But Japan isn't standing still. The Japan Times reports that Tokyo is gearing up for massive investments in the US, targeting gas-fired power plants for AI data centers, synthetic diamonds for semiconductors, and port construction, potentially worth tens of billions as part of a $550 billion commitment. A bilateral committee of top officials meets soon to finalize details, with SoftBank possibly leading power projects alongside GE Vernova. These moves could soften the tariff blow by aligning economic security interests, as Trump holds the final say.

Negotiations are heating up too. Wikipedia's overview of second-term tariffs notes Trump has already cut auto parts duties to 15% for Japan through talks, following similar reductions for the EU and South Korea, while Japanese Prime Minister Shigeru Ishiba and Minister Ryosei Akazawa held White House discussions. FCNP commentary highlights further cuts to 15% for Japan in exchange for direct US investments, part of Trump's deal-making post-2025 market crash.

CGTN quotes Trump emphasizing investment and trade talks with Japan, signaling more flexibility ahead. As reciprocal pressures mount, Japan's strategic pivot—from energy to critical minerals—could secure exemptions and reshape supply chains amid global shifts.

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