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Japan says US tariffs 'extremely regrettable', may break WTO rules

  • Trump imposed a 24-percent levy on imports from Japan and a new 10-percent baseline tariff.
  • Japan, a close US ally, previously secured tariff exemptions during Trump's initial term with Shinzo Abe.
  • Japan's auto sector faces tariffs, impacting a key export sector and related jobs.
  • Trade Minister Muto called the tariffs 'extremely regrettable' and referenced Trump's prior claim of a 46-percent charge.
  • Japan worries the tariffs may violate WTO and bilateral trade agreements, potentially harming US investment and cooperation.
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Japan says US tariffs 'extremely regrettable', may break WTO rules

Japan slammed Thursday as "extremely regrettable" US President Donald Trump's sweeping new tariffs, saying they may break WTO rules and the two countries' trade agreement.

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insidetrade.com broke the news in on Wednesday, April 2, 2025.
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