Local car dealership relieved by Japan US trade deal

HIAWATHA, Iowa (KCRG) – Local car dealerships that sell Japanese-made vehicles say the recently announced trade deal between the United States and Japan could boost business.

The US Japan trade deal sets the tariff rate with Japan at 15%.

Since April, the US has had a 25% tariff on auto imports, and that 10% decrease stands to make a big difference for dealerships importing Japanese cars…

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