The NHK reported that Japan is readying retaliation against US tariffs. And it’s completing final arrangements to inform the WTO. It should be noted that Japan is one of the top 10 steel importers to the US who is not even granted a temporary exemption of the steel and aluminum tariffs. Meanwhile, South Korea was given permanent exemptions after updating the trade agreement.
Japan is said to be considering to impose tariffs on US imports that are worth USD 409m, equivalent of duties levied by the US through its tariffs. The list of goods was not publicized.
