Japan’s industry minister said Tuesday he thinks that Japanese products are “highly likely” to be exempted from the planned stiff U.S. tariffs on steel and aluminum imports to be imposed later this week.
Japanese steel and aluminum products “are helping U.S. industries, and there are many products that have no replacements,” Hiroshige Seko told a press conference in Tokyo.
U.S. President Donald Trump has signed an executive order imposing tariffs of 25 percent on imported steel and 10 percent on aluminum from Friday.
On Monday, the U.S. Department of Commerce began accepting from domestic industries requests for exempting items that cannot be produced within the country.
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