World

Japan seeks exemption from US steel and aluminum tariffs

February 16, 2025

MUNICH — Japan has formally requested an exemption from US President Donald Trump’s planned 25% tariffs on steel and aluminum, as well as other reciprocal tariffs, Tokyo-based Kyodo News reported on Sunday.

Japanese Foreign Minister Takeshi Iwaya made the request during a brief exchange with US Secretary of State Marco Rubio on the sidelines of the Munich Security Conference.

Iwaya also expressed Japan’s desire to hold high-level security talks between the two nations’ foreign and defense ministers “at an early date.”

According to a statement from Japan’s Foreign Ministry, the two top diplomats agreed to maintain close communication to further strengthen US-Japan economic relations.

Trump’s tariff measures are part of his "America First" trade policy, which has sparked concern among key US allies and trading partners.

Last week, Trump signed proclamations imposing 25% tariffs on steel and aluminum imports, set to take effect on March 12.

The US is one of Japan’s largest trading partners, with Tokyo exporting a wide range of products, including automobiles and electronics. In 2023, Japan recorded an 8.64 trillion yen ($57 billion) trade surplus with the US, according to Japanese government data. — Agencies


February 16, 2025
95 views
HIGHLIGHTS
World
15 hours ago

At least 55 killed in new Israeli strikes on Gaza

World
16 hours ago

Anger as Indonesia law allows the military bigger role in government

World
16 hours ago

Palestinians fear annexation as Israeli outposts proliferate West Bank