Japanese officials visit Washington this week It has failed to win with assurances from the Trump administration that the country will be exempted from the overwhelming tariffs that have been set to strike minerals and cars in the United States.
Japanese Minister of Trade, Yuji Moto, told his American counterparts that the country should not be targeted through new definitions because it invests large sums in the United States and hires many people there.
Mr. Moto, US officials, said that their priority was on “reciprocity”, as well as reviving local manufacturing and preserving jobs. “This issue is not that Japan be exempted from tariffs from tomorrow,” Mr. Moto said at a press conference held in Washington on Monday evening.
The meeting of Mr. Moto with the Minister of Trade Howard Lootnick and other officials came on a 25 percent tariff for all the steel and aluminum imported to the United States, which is scheduled to enter into force on Wednesday. Japan was also aimed at relief from a A 25 percent possible tariff for foreign cars This President Trump indicated that it becomes valid on April 2.
It is expected that the tariff of cars in the most difficult Japanese economy will arrive. Cars are the largest export in the country, and the United States is the upper destination.
Before Mr. Moto’s trip to the United States, Japanese Prime Minister Shigro Ishiba held talks with Mr. Trump in early February. In an effort to Curry, during his first meeting with the new president, Mr. Ishiba has exposed a number of pledges to increase Japanese investment in the United States.
One of them was to increase the Japanese LNG purchases. In the following weeks, the officials were Vision Using potential investments in a $ 44 billion project to produce and export natural gas from Alaska as a negotiating tool.
Mr. Moto said on Monday that he discussed Alaska’s plan with US officials during his visit and that the two countries will continue the discussions aimed at creating a “victory” relationship that would enhance economic relations.
Hisako Ueno The reports contributed.
