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    Japan’s trade minister fails to win tariff exemption assurance from US

    Team_NewsStudyBy Team_NewsStudyMarch 11, 2025 Trending News No Comments2 Mins Read
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    WASHINGTON: Japan’s commerce minister on Monday (Mar 10) mentioned he requested america not to impose trade tariffs on his nation, however didn’t win any assurance that Japan could be exempt, together with from a 25 per cent steel and aluminium obligation set to begin on Wednesday.

    “We agreed to proceed shut consultations with the US authorities and to carry discussions on the working stage as quickly as doable,” Yoji Muto mentioned in Washington DC after conferences with Secretary of Commerce Howard Lutnick, US Commerce Consultant Jamieson Greer, and White Home financial adviser Kevin Hassett.

    In a bid to steer President Donald Trump to exempt Japan from tariffs on vehicles and different merchandise, Muto and different senior Japanese officers are touting Japan as an in depth financial accomplice that has invested closely within the US financial system and created tens of millions of jobs.

    The brand new 25 per cent tariff charges on metal and aluminium imports into america are set to take impact on Mar 12, based on the manager orders signed by President Donald Trump final month.

    In talks along with his US counterparts, Muto mentioned additionally they mentioned Japan shopping for extra US liquefied pure gasoline, a gasoline pipeline venture in Alaska, and Nippon Steel’s bid to buy US Steel.



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