Japan Asks U.S. for Fair Treatment over Latest Tariff Measures
Japan requested the U.S. to avoid additional tariffs that could disadvantage Japanese goods after the U.S. raised global tariffs from 10% to 15%, officials said.
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Japan also wants to maintain its trade agreement with Washington, following the ruling of the Supreme Court of the United States on US customs policy.
Japan Asks U.S. Not to Worsen Tariffs; Chief Cabinet Secretary Kihara Says Japan Will Continue to Honor Bilateral Agreement
Japan called on the United States not to make new additional tariffs on foreign goods worse for Japan than the so-called reciprocal tariffs imposed on Japanese items following July’s bilateral agreement on tariff measures, The Yomiuri Shimbun has learned.
Japan asks U.S. for fair treatment over latest tariff measures
Japan's trade minister Ryosei Akazawa has asked the United States not to treat the country less favorably than under last year's trade deal ahead of the implementation of the new 10 percent global tariff proposed by U.S. President Donald Trump, the ministry said Tuesday.
In return for a reduction in US customs surcharges from 25% to 15%, Tokyo had committed to invest $550 billion by 2029 in the US industry, an agreement that both countries would "continue to apply faithfully" despite the setbacks imposed by the Court.
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