Japan’s Seko: Japan could be exempted from US tariffs on steel, aluminium

Japanese Trade Minister Hiroshige Seko was reported by Reuters earlier today, as saying that the government sees a high possibility that Japan would be exempted from the US tariffs on steel and aluminum on a per-item basis.

Key Points:

Aware Japanese steelmakers and others were encouraging their U.S. clients to apply for exemptions.

 Japanese steel and aluminum products contributed greatly to U.S. industry and that they were irreplaceable.