That way they have a little bit lower tariff. And they also opened their country to free trade, which nobody thought was even a possibility. And We get a zero tariff in the free trade, we don't pay tariffs. And they're going to pay 15% on everything they send into our country. So it's great. But they put up, as you could call it, seed money. Let's call it seed money. (04:12–04:16)
CLAIM
Asserts that the U.S. will not pay tariffs under the new trade deal with Japan.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
