Trump has done a masterful job - headlines proclaim lower tariffs on Japanese autos!

Trump has done a masterful job - headlines proclaim lower tariffs on Japanese autos!

• Trump has taken tariffs on Japanese cars from just about nothing to 15%, headline say he has lowered them - here's how.

Say what you like about Trump, he plays the media very astutely.

Trump levied tariffs on autos from Japan at 27.5%

On Thursday, US time, he signed an order with the tariffs now at 15% instead.

I have seen plenty of headlines, including from reputable financial media, loudly hailing that Trump has lowered tariffs on Japanese autos. Depends on the time frame you choose to cherry pick I guess. Just months ago you could buy a Japanese auto without added tariff taxes. In 7 days the price will be higher due to the 15% tariff.

Hats off to Trump, he has played the media masterfully.