We had the tariff at 25%, as you know. We had a tariff at 25%. And this was. These are great people that we negotiated with. But We agreed to reduce it to 15 based on the fact that Japan has agreed for the first time ever to open up its country to trade. so that all of our American businesses and business geniuses, including many in this room, can go out and do business openly and freely in Japan, a very rich and prosperous and profitable and wonderful country, frankly. (01:56–02:05)
CLAIM
Asserts that the tariff was reduced to 15% because Japan agreed to open its market to U.S. trade.
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