Source: International Business Times
Unlike in Trump's first term, Japan has failed to win exemptions on tariffs on imports into the United States AFP Japan slammed Thursday as "extremely regrettable" US President Donald Trump's sweeping new tariffs, saying they may break WTO rules and the two countries' trade agreement. Japanese firms are the biggest investors into the United States but Tokyo has failed to secure an exemption, with Trump announcing a hefty 24-percent levy on Japanese imports. "I have conveyed that the unilateral tariff measures taken by the United States are extremely regrettable, and I have again strongly urged (Washington) not to apply them to Japan," Yoji Muto, trade and industry minister, told reporters.
