US and Japan launch talks on cutting Trump-era steel and aluminium tariffs

Nov 12, 2021 | INVESTING

The United States said Friday it had opened talks with Japan aimed at reducing US tariffs on steel and aluminium imports imposed under former president Donald Trump, after Washington reached a deal on the same issue with the European Union.Citing “distortions” caused by global overproduction fuelled by China, “the United States and Japan will seek to resolve bilateral concerns in this area”, US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo said.“The United States and…

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