President Donald Trump’s trade deal with Japan will hurt American families. Heralded as a triumph by the administration, American families are hit with a 15% tariff tax on goods imported from Japan Although it is lower than the president’s blustering 25% tariff threat,

Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."

Trade deals with Europe, Japan with higher tariff rates are touted as best ever but will actually result in bigger hit to American pocketbooks.