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Japan releases outline of US tariff deal, will review clean-car subsidy

Japan releases outline of US tariff deal, will review clean-car subsidy

Nikkei Asia2 days ago
A Toyota Mirai fuel cell vehicle. Washington had called for changes to Japan's support for hydrogen- and battery-powered cars. © Reuters
JUN YAMAZAKI
TOKYO -- Japan on Friday released a document describing its understanding of the tariff deal reached with the Trump administration, which includes policy changes that will open up its market to U.S. cars but lacks exact figures claimed by Washington.
As a part of the agreement, Japan will review a purchase subsidy that favors fuel cell vehicles over battery-powered electric vehicles, and it will accept American passenger vehicles that meet safety criteria without additional testing.
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