US EditionJapan 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.
66 Articles
66 Articles
For Japan, Trump's customs offensive is "a national crisis"
Washington's customs duties of 24% on Japanese products constitute a "national crisis" for the archipelago, very dependent on its exports to the United States, said Japanese Prime Minister Shigeru Ishiba on Friday. ...
BOJ's Ueda warns of hit to Japan economy from Trump tariffs
TOKYO :Bank of Japan Governor Kazuo Ueda said on Friday the central bank will scrutinise the impact of U.S. tariffs on the country's economy when setting monetary policy, warning the higher levies will likely weigh on global and domestic economic growth.Global stock prices tumbled on Thursday after U.S. Presi
'Extremely regrettable' and 'totally unwarranted': World leaders react to Trump's 'Liberation Day' tariffs
World leaders are slamming Trump's "Liberation Day" tariffs, and some countries like China are vowing retaliation.Andrew Harnik/Getty ImagesPresident Donald Trump has imposed a baseline 10% tariff on imports from all countries.That included longtime allies like Japan and the European Union.World leaders have broadly criticized Trump's moves, with countries like China vowing retaliation.World leaders are reacting to President Donald Trump's "Libe…
Japan says U.S. tariffs may break WTO rules
Japan slammed Thursday as "extremely regrettable" U.S. President Donald Trump's sweeping new tariffs, saying they may break WTO rules and the two countries' trade agreement. Japanese firms are the biggest investors into the United States but Tokyo has failed to secure an exemption, with Trump announcing a hefty 24-percent levy…
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