The U.S. and Japan have a trade deal. For real, this time. From Marketplace, I'm Sabri Benishore,

in for David Bruncaccio. The U.S. and Japan have finalized their trade deal, a month and a half

after it was announced. President Trump signed an executive order, putting it into force,

and ending a tariff roller coaster. Tariffs on some Japanese cars, for example, went from

2.5% up to 27.5% in April.

Now they're back down to 15%. Marketplace's Nancy Marshall-Genser has more.

The White House says there will now be a 15% baseline tariff on almost all Japanese imports.

The agreement cuts tariffs on Japanese cars almost in half. The flat import tax

will not be stacked on top of existing levies, so the tariff on Japanese products like cars and beef

will be adjusted down to 15%. Japanese imports that were subject to a lower import tax will be adjusted

up to 15%.

The executive order says Tokyo is working toward a 75% increase in purchases of U.S. rice

and promises to buy $8 billion worth of U.S. soybeans, corn, and other agricultural products per year.

Japan also says it'll buy American planes and weapons, and Tokyo agreed to

invest $550 billion in projects chosen by the Trump administration. I'm Nancy Marshall Genser

for Marketplace. Remember no taxes on tips? It was a campaign promise and then made it into the

GOP's tax and spending law. Well, we now know,

mostly, which jobs this would apply to. The Treasury Department released a list of them. The

deduction is only supposed to go to people in jobs that traditionally got tips before the law passed,

so a lot of jobs you would expect are on there. But as Marketplaces, Kimberly Adams reports,

so are a few surprises.

Waiters, taxi drivers, and hairstylists are among the 68 occupations on the list. Many of them

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