Japan Requests Exemption from US Tariffs
11
World
February 12, 2025 07:30
japan, us - Japan seeks exemption from the 25% steel and aluminum tariffs imposed by US President Donald Trump.
Japan Seeks Exemption from US Tariffs
Japan's government has requested exemption from the 25% steel and aluminum tariffs imposed by US President Donald Trump. The request was conveyed to US authorities through the Japanese embassy.
Background
Following President Trump's signing of a presidential decree imposing a 25% tariff on steel and aluminum imports, Japan's Economy, Trade, and Industry Minister Yoji Muto stated that Japan will closely monitor the potential impacts on Japanese companies and take necessary measures.
Japan's Chief Cabinet Secretary Yoshimasa Hayashi confirmed that the request for tax exemption was submitted to US authorities through Japan's embassy in the US.
President Trump had signed a decree imposing a 25% tariff on steel and aluminum imports. He emphasized that the tariffs will be uniformly applied to all countries without exceptions.