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ECONOMY > Trade

U.S to impose punitive tariffs on steel products from Japan, seven other nations

  • May 6, 2017
  • , Asahi, Yomiuri evening edition
  • JMH Summary

Saturday evening’s Asahi and Yomiuri and Sunday’s Sankei wrote that the U.S. International Trade Commission said on May 5 that it has determined that steel products from Japan and seven other economies, including Germany and South Korea, are being sold in the U.S. at less than fair value and are hurting the U.S. steel industry. The U.S. plans to impose antidumping duties on these products. Asahi wrote that this is the first time for the Trump administration to decide to impose punitive tariffs on Japanese products.

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