Moneycontrol PRO
HomeNewsBusinessJapan has no immediate plan to bring US tariffs to WTO

Japan has no immediate plan to bring US tariffs to WTO

Japan is the only major U.S. ally that did not receive exemptions from President Donald Trump's decision to impose tariffs on steel and aluminium imports

April 21, 2018 / 10:00 IST
COPENHAGEN, DENMARK - JULY 10: Japanese Prime Minister Shinzo Abe during his meeting with Danish Prime Minister Lars Loekke Rasmussen at the PM's Office on July 10, 2017 in Copenhagen, Denmark. The two heads of state discussed the situation on the Korean peninsula and how Japan and Denmark could enhance their strategic partnership further. The Japanese PM said during their joint press conference that North Korea undermines the international order seriously. (Photo by Ole Jensen - Corbis/Corbis via Getty Images)

Japan has no immediate plan to raise a trade dispute against U.S. steel and aluminium tariffs to the World Trade Organization, a senior Japanese finance ministry official said on Friday.

"For now, Japan will seek to gain the understanding of the United States that its steel exports don't threaten U.S. national security," the official told reporters.

Japan is the only major U.S. ally that did not receive exemptions from President Donald Trump's decision to impose tariffs on steel and aluminium imports.

Reuters
first published: Apr 21, 2018 09:50 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347