Japan trade minister calls for calm heads over US tariffs

By REUTERS
March 10, 2018 16:46
1 minute read.
Breaking news

Breaking news. (photo credit: JPOST STAFF)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

BRUSSELS - Japan's trade minister sought an exemption from U.S. import tariffs on steel and aluminum on Saturday and called for "calm-headed behavior" in a dispute that threatens to spiral into a trade war.

Minister Hiroshige Seko told a news conference his US counterpart Robert Lighthizer had only explained the schedule and procedure of the US actions in talks in Brussels. Seko said he believed there was still time for Japan to secure an exemption.

US President Donald Trump signed an order on Thursday to set import tariffs of 25 percent on steel and 10 percent on aluminum, to come into effect in 15 days. But he exempted Canada and Mexico and held out the possibility of excluding other allies.

"We expressed our concern. It could disrupt the steel and aluminum markets of the world and have a negative impact," Seko told reporters after his meeting with US Trade Representative Lighthizer in which he sought an exemption for Japanese producers.

"We call for calm-headed behavior," Seko said.

Japan, he said, would stick to World Trade Organization rules in terms of taking measures.

"If there is a violation, then we will seek consultations. We will look at the impact on Japanese businesses and make a final decision."

Related Content

Breaking news
July 19, 2018
Evacuation of pro-Assad villages reportedly under way in northwest Syria

By REUTERS