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Japan's aluminium industry calls for scrapping US Tariffs

Japan's aluminium industry on Thursday called for the United States to scrap import tariffs on aluminium as they are against international rules and pose a serious problem.


Reuters Japan
Updated: 29-03-2018 13:06 IST
Japan's aluminium industry calls for scrapping US Tariffs

"When two countries negotiate, the stronger country gets stronger" said Japan's Finance minister. (Image Credit: Youtube)

Japan's aluminium industry on Thursday called for the United States to scrap import tariffs on aluminium as they are against international rules and pose a serious problem.

Last week, US President Donald Trump temporarily excluded six countries, including Canada and Mexico, and the countries of the European Union from higher US import duties on steel and aluminium that went into effect on Friday. The exclusion included most US allies, but not Japan.

"We are also worried that aluminium products that are shut out by the United States may flood the Asian market," Mitsuru Okada, chairman of the Japan Aluminium Association told a news conference.

"We will ask the Japanese government to continue seeking a country exemption from the new US tariffs," Okada said, adding that Japanese aluminium makers will separately seek product exemptions.

Also Read | Japan's Finance minister advises against trade talks with US

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : JapanUnited States

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