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Japan Asks US to Exclude It F 02/12 06:05
TOKYO (AP) --- Japan 's government said Wednesday it asked the U.S. to
exclude it from 25% steel and aluminum tariffs, a change from duty-free quotas
that Tokyo was given previously.
Japan made the request through its embassy in Washington after U.S.
President Donald Trump removed the exceptions and exemptions from his 2018
tariffs on steel imports to a minimum of 25%, while hiking aluminum tariffs to
25% from 10%.
"Japan will firmly take necessary steps as we fully examine details of the
new measures and their possible impact on the Japanese economy," Chief Cabinet
Secretary Yoshimasa Hayashi told reporters, suggesting that his country will
lobby for an exemption in the coming weeks before the measures are due to take
effect.
The measures announced by Trump are part of his aggressive push to reset
global trade in the belief that tax hikes on foreign-made products will
strengthen domestic manufacturing.
Japan was given an annual duty-free quota of up to 1.25 million tons of
steel under the former President Joe Biden 's administration. Japan's exported
1.18 million tons of steel to the U.S. in 2024, according to the American Iron
and Steel Institute.
Japanese steel exports to the U.S. totaled 302.7 billion yen ($2 billion) in
2024, accounting for 1.4% of the total exports to America. Aluminum exports
were much less, government data show.
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