The Trump administration has agreed to fix a major error in its trade agreement with Japan by eliminating the stacking of multiple tariff rates.

Japan’s chief trade negotiator, Ryosei Akazawa, told reporters in Washington D.C. Thursday that the “extremely regrettable” mistake where Trump’s 15 percent tax on Japanese imports was added on top of existing tariffs has now been corrected, via The New York Times.

Trump had already struck a similar arrangement with the European Union, ensuring all EU imports faced a flat 15 percent rate rather than stacking all existing levies. But that same provision never made it into the president’s July 31 executive order announcing his latest wave of “reciprocal” tariffs, despite it being a key part of the trade negotiations between Japan and the U.S.

The

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