Japan Seeks Tariff Exemption from U.S.: No Promises Yet

Japan's trade minister requested the U.S. not to impose trade tariffs, such as a 25% duty on steel and aluminum, but received no assurances. Despite acknowledging economic ties, the U.S. did not exempt Japan. Discussions also included Japan's investments in U.S. energy projects.

Japan's trade minister made a direct appeal to U.S. officials to exempt his nation from newly imposed trade tariffs, which include a 25% levy on steel and aluminum. However, discussions in Washington D.C. yielded no guarantees for exemption.

During meetings with prominent U.S. officials including the Secretary of Commerce and the Trade Representative, Japan stressed its role as a significant economic partner. Japanese investments in the U.S., job creation, and economic contributions were highlighted as key reasons for seeking a tariff exemption.

As the tariff enforcement date of March 12 looms, uncertainty remains. Talks also touched upon Japan's potential purchase of more U.S. liquefied natural gas and the involvement of Japanese firms in U.S. infrastructure projects and business acquisitions.

(With inputs from agencies.)