The U.S. has had 25% tariffs on auto tariffs since April, but President Donald Trump has negotiated that tax down to 15% for Japanese automakers like Toyota, Honda, and Nissan.

Trade deals have never been more in the headlines, as Donald Trump continues to threaten countries with higher tariffs until ...

The new rate is higher than what Trump had threatened when he first unveiled sweeping global tariffs in April.

U.S. stocks rose to more records following a trade deal between the world’s No. 1 and No. 4 economies. The S&P 500 climbed ...