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ECONOMY > Trade

GOJ officials respond to likely imposition of tariffs on steel and aluminum imports by U.S.

  • March 2, 2018
  • , NHK
  • JMH Summary

NHK reported that in response to President Trump’s announcement that he will decide to impose tariffs of 25% on steel imports and 10% on aluminum imports as early as next week for security reasons, Economy, Trade and Industry Minister Seko told reporters that the GOJ will call on the U.S. not to include Japanese products in these measures. “It is not clear which nations will be subject to these measures. We will find out,” Seko was quoted as saying. “We do not believe that steel and aluminum imports from Japan, an ally of the U.S., pose any security threat to the U.S., and we hope to convey that to the U.S. side.” Economic Revitalization Minister Motegi was quoted as telling reporters this morning: “We will closely monitor the development of these measures and how they would impact the global economy and the Japanese economy.”

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