US EditionJapan says US promises to fix double tariff oversight
WASHINGTON, US, AUG 9 – The US agreed to correct tariff stacking errors on Japanese imports and refund excess duties after Japan's urgent request to clarify a July trade deal, affecting tariffs on key goods.
- The Trump administration has acknowledged a mistake in its tariffs, admitting to staggering rates for certain products from Japan, as reported by The New York Times.
- Japanese negotiator Ryosei Akazawa stated that he requested corrections for tariff errors but did not receive a timeline for implementation, as mentioned in The New York Times.
- The U.S. agreed to refund any excess duties caused by the tariff mistake and promised to rectify the issue in a 'timely' manner, according to Akazawa's remarks.
- The situation has increased confusion and tension between the U.S. and Japan, with Akazawa saying there is 'no discrepancy' in interpreting the trade agreement, as stated by The New York Times.
19 Articles
19 Articles
Japan says Trump to fix ‘extremely regrettable’ tariff mistake | Honolulu Star-Advertiser
TOKYO >> The Trump administration has agreed to correct an “extremely regrettable” blunder in the execution of its trade agreement with Japan, the country’s top trade negotiator said in Washington on Thursday.
Japan: US Promises to Fix Double Tariff Oversight
The U.S. government on Thursday promised to amend a presidential executive order to remove overlapping tariffs on Japanese goods, Tokyo's trade negotiator said, after talks in Washington to fix what he called a regrettable oversight.
'Extremely regrettable': Trump admin confesses to major 'blunder' in new deal with Japan
In its haste to impose sweeping tariffs on countries the world over, the Trump administration is now admitting to making an "extremely regrettable” blunder after having accidentally double tariffs on certain products for Japan, and is now vowing to correct the matter, The New York Times reported Fri...
Japan says US promises to fix double tariff oversight
The U.S. government on Thursday promised to amend a presidential executive order to remove overlapping tariffs on Japanese goods, Tokyo's trade negotiator said, after talks in Washington to fix what he called a "regrettable" oversight.
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