Japan, U.S. agree to start talks on additional steel, aluminium tariffs By Reuters

Japan, U.S. agree to start talks on additional steel, aluminium tariffs

Commodities Nov 15, 2021 03:20AM ET

This article has already been saved in your Saved Items

Japan, U.S. agree to start talks on additional steel, aluminium tariffs

© Reuters. FILE PHOTO: A worker adjusts the U.S. flag before Japanese Prime Minister Shinzo Abe addresses media following a meeting with President-elect Donald Trump in Manhattan, New York, U.S., November 17, 2016. REUTERS/Andrew Kelly

By Yuka Obayashi

TOKYO (Reuters) - Japan and the United States have agreed to start discussions aimed at tackling additional U.S. tariffs on Japanese steel and aluminium imports during a bilateral meeting in Tokyo, Japan's industry ministry said on Monday.

The meeting was held between Japan's Industry Minister Koichi Hagiuda and U.S. Commerce Secretary Gina Raimondo, but a ministry official said no concrete measures were discussed and no date was set for the talks.

It comes after the United States said on Friday it would open talks that could lead to an easing of those tariffs, a long-standing irritant in trade relations between the two. nL1N2S32ER]

Japan earlier this month asked the United States to abolish the "Section 232" tariffs imposed by former U.S. President Donald Trump's administration in 2018.

"Japan asked again the United States for a complete resolution of the issue of additional tariffs in a way that is consistent with WTO rules as Japan has been asking since 2018," said Hiroyuki Hatada, a director at the Ministry of Economy, Trade and Industry (METI).

The United States and European Union have recently agreed to end a festering dispute over U.S. steel and aluminum tariffs imposed in 2018, removing a burden on transatlantic relations and averting a spike in EU retaliatory tariffs.

The agreement maintains Section 232 tariffs of 25% on steel and 10% aluminum, while allowing "limited volumes" of EU-produced metals into the United States duty-free.

Asked about how Japan would react if the United States proposed a similar measure, Hatada said:

"As far as we can imagine, when we talk about a complete resolution in a manner consistent with the WTO, we are talking about elimination of the extra tariffs."

The two countries have also agreed to establish Japan-U.S. Commercial and Industrial Partnership (JUCIP) to collaborate in reinforcing industry competitiveness and supply chains among others, the industry ministry said.

Ukraine says it is targeting Russians shooting at, or from nuclear plant By Reuters - Aug 13, 2022 27

KYIV (Reuters) -Ukraine is targeting Russian soldiers who shoot at an occupied nuclear plant in the south of the country or use it as a base to shoot from, President Volodymyr...

More cash needed to save Britons from destitution in energy crisis - PM contender Sunak By Reuters - Aug 13, 2022 8

LONDON (Reuters) - Britain's energy crisis will push millions into destitution this winter unless the government hands out more cash to help struggling households pay fuel bills,...

Alaska diesel spill of 18,000 gallons contained, may be from valve seal failure By Reuters - Aug 12, 2022 8

(Reuters) -A spill of about 18,000 gallons (81,830 liters) of diesel fuel at North Slope Borough's Point Lay tank farm in Alaska has been contained, thought to have been caused by...

Add a Comment

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read Investing.com's comments guidelines and agree to the terms described.

I Agree

Write your thoughts here

Are you sure you want to delete this chart?

Delete Cancel

Post

Post also to:

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

Comments (1)

Optimum integrated Services Nov 15, 2021 1:28AM ET

Follow this post

Unfollow this post

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

okay ,

0 0

Report

David9 Nov 15, 2021 1:28AM ET

Follow this post

Unfollow this post

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

why?

0 0

Report

Picaso_Fish Nov 15, 2021 1:28AM ET

Follow this post

Unfollow this post

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

To help lower us inflation

0 0

Report

Empire Destroyer Nov 15, 2021 1:28AM ET

Follow this post

Unfollow this post

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

and help infrastructure bill out and send Dow to the moon again

0 0

Report

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="227520715">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="227520715" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="227520715">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="227520715">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="230614171">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="230614171" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="230614171">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d1-invdn-com.investing.com/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="230614171">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

Are you sure you want to delete this chart?

Delete Cancel

Post

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

US 30	33,753.6	+416.9	+1.25%
US 500	4,278.5	+71.2	+1.69%
Dow Jones	33,761.05	+424.38	+1.27%
S&P 500	4,280.15	+72.88	+1.73%
Nasdaq	13,047.19	+267.27	+2.09%
S&P 500 VIX	19.53	-0.67	-3.32%
Dollar Index	105.550	+0.556	+0.53%

Crude Oil WTI	91.88	-2.46	-2.61%
Brent Oil	98.01	-1.59	-1.60%
Natural Gas	8.780	-0.094	-1.06%
Gold	1,818.40	+11.20	+0.62%
Silver	20.835	+0.486	+2.39%
Copper	3.6783	-0.0282	-0.76%
US Soybeans	1,452.50	+4.50	+0.31%

SPDR S&P 500	427.10	+7.11	+1.69%
iShares Russell 2000	200.36	+4.01	+2.04%
Invesco QQQ Trust	330.39	+6.31	+1.95%
Direxion Daily Junior Gold Miners Bull 2X Shares	37.86	+1.65	+4.56%
iShares Silver	19.17	+0.50	+2.68%
ProShares Ultra VIX Short-Term Futures	9.11	-0.15	-1.62%
ProShares UltraPro QQQ	37.98	+2.03	+5.65%

Apple	172.12	+3.63	+2.15%
Alphabet A	121.68	+2.84	+2.39%
Tesla	900.09	+40.20	+4.67%
Amazon.com	143.55	+2.91	+2.07%
Netflix	249.30	+6.60	+2.72%
Meta Platforms	180.50	+3.01	+1.70%
Bank of America	36.30	+0.39	+1.09%

Japan, U.S. agree to start talks on additional steel, aluminium tariffs

Related Articles