Japan has expressed regret over being excluded from an exemption for U.S. tariffs of 25 percent on steel and aluminum, a policy initiated under President Donald Trump's administration. Top government spokesperson Yoshimasa Hayashi stated that the continued imposition of these measures is likely to affect the longstanding economic relationship between Japan and the United States, as well as the broader multilateral trade system.
Hayashi emphasized that despite the concerns raised by these tariffs, Japan's high-quality steel and aluminum products remain essential. In 2024, Japan exported 31.4 million tonnes of steel, with 1.1 million tonnes destined for the U.S.—approximately four percent of U.S. steel imports. He added that these goods are not only irreplaceable in ensuring competitiveness in the U.S. manufacturing industry, but they also play a vital role in bolstering U.S. employment.
Economy, Trade and Industry Minister Yoji Muto recently engaged with U.S. officials in Washington, seeking an exemption for Japan from both the currently imposed metal tariffs and those set to affect vehicles. This diplomatic effort reflects Japan's broader commitment to maintaining strong bilateral ties, despite evolving trade policies and market uncertainties.
As discussions continue, both nations are focused on easing trade risks while preserving the mutual benefits that have long supported one of the world’s most robust economic partnerships.
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Japan says U.S. tariffs risk impacting their bilateral economic ties
cgtn.com
