Japan's government has formally requested the U.S. to be excluded from the new 25% tariffs on steel and aluminum, a reversal from prior duty-free quotas. This request was made through its embassy in Washington, driven by concerns after President Trump's announcement of the raised tariffs. As Japan assesses the potential impact on its economy, Chief Cabinet Secretary Yoshimasa Hayashi emphasized the importance of lobbying for an exemption in the upcoming weeks. In 2024, Japan exported significant volumes of steel to the U.S., stressing the economic stakes involved.
Japan has requested the U.S. government to exclude it from the new 25% metal tariffs, highlighting concerns over the impact on its economy.
Chief Cabinet Secretary Yoshimasa Hayashi indicated Japan would lobby for an exemption amidst a significant shift in U.S. trade policy under President Trump.
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