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Japan steel industry fears protectionism from Trump

Shindo is also president of Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker.

January 20, 2017 / 13:30 IST
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Japan's steel industry is concerned over the risks of a US exit from the Trans-Pacific Partnership deal and reform of the North American Free Trade Agreement by the incoming Trump administration, a Japanese industry official said on Friday.

"We are worried about the risks of the Trump administration taking protectionism actions or policies," Kosei Shindo, chairman of the Japan Iron and Steel Federation, told a news conference.

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Shindo is also president of Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker.

first published: Jan 20, 2017 01:30 pm

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