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Japan's European Union Plans To Respond Fiercely

- May 27, 2018-

Japan's European Union plans to respond fiercely

According to the report of the Japan Broadcasting Association (NHK) on the 17th, the Japanese government is making final arrangements and will formally notify the World Trade Organization that it is prepared to retaliate against the US tariff measures.

According to NHK, Japan considers levying tariffs on US$409 million worth of U.S. exports, which is equivalent to U.S. tariffs but does not disclose specific product categories.

President Trump of the United States announced this year that the import of steel and aluminum products will be subject to tariffs of 25% and 10%, respectively, on the ground of national security. Japan has not obtained steel-aluminum tariff exemptions like some American allies.

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