Japan-US launch talks to resolve dispute over tariffs – By Mari Yamaguchi (Associated Press) / Nov 15 2021
TOKYO (AP) — U.S. and Japanese officials agreed Monday to launch talks aimed at settling a dispute over American tariffs on imports of Japanese steel and aluminum.
The agreement came in a meeting between visiting U.S. Commerce Secretary Gina Raimondo and Japan’s minister of economy, trade and industry, Koichi Hagiuda, Japanese officials said.
Japan hopes to convince Washington to lift tariffs imposed during President Donald Trump’s administration.
The U.S. recently resolved a similar dispute with the European Union in a deal officials said addresses excess capacity that can distort the steel market. It patched up a trans-Atlantic rift and is meant to create a framework for reducing the carbon-intensity of steel and aluminum production that contributes to the warming of the earth.
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