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U.S. Announces 25 Pct Tariffs on Imports from Japan

U.S. Announces 25 Pct Tariffs on Imports from Japan

   Washington, July 7 (Jiji Press)--U.S. President Donald Trump said Monday that his administration will impose 25 pct tariffs on imports from Japan, effective from Aug. 1.
   The levy will be imposed separately from tariffs set for each industrial sector, such as steel and aluminum. Trump announced the new tariffs in a letter to Japanese Prime Minister Shigeru Ishiba, which was released on social media.
   The U.S. trade deficit with Japan is "a major threat" to the U.S. economy and national security, the letter said.
   "Starting on August 1, 2025, we will charge Japan a tariff of only 25 pct on any and all Japanese products sent into the United States, separate from all sectoral tariffs," it said.
   At the same time, Trump said that the United States may consider "an adjustment to this letter" if Japan wishes to open its markets and eliminate its nontariff barriers.

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AFP-JIJI PRESS NEWS JOURNAL


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