CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Race to the bottom: Japan reserves right to take countermeasures against US steel tariffs Sat May 19, 2018 8:05 pm | |
|
- Japan has notified the World Trade Organization that it reserves the right to take countermeasures against U.S. tariffs on steel and aluminum imports.
- Japan is the only major U.S. ally that did not receive exemptions from U.S. President Donald Trump's decision in March to set import tariffs of 25 percent on steel and 10 percent for aluminum.
- The Japanese government will make any decision on its actual implementation of "rebalancing" measures on the basis of further U.S. steps, as well as the possible impact of retaliatory measures by Tokyo on Japanese companies.
https://www.cnbc.com/2018/05/18/japan-reserves-right-to-take-counter-measures-against-us-steel-tariffs.html
|
|