By Kevin Liptak, CNN The US and Japan are set to announce a deal that would cut Trump-era tariffs on steel, a person familiar with the matter said. Under the agreement, a limited amount of Japanese steel will be allowed for import without the 25% levy imposed by President Donald Trump in 2018.
By Kevin Liptak, CNN The US and Japan are set to announce a deal that would cut Trump-era tariffs on steel, a person familiar with the matter said.Under
The agreement will transform a current 25 percent tariff into a so-called tariff-rate quota, exempting up to 1.25 million metric tons of Japanese steel.
U.S. government officials said Monday that they reached an agreement to essentially lift the 25% tariff that former President Donald Trump imposed on imported Japanese steel.
U.S. government officials said Monday that they reached an agreement to essentially lift the 25% tariff that former President Donald Trump imposed on imported Japanese steel. The deal with Japan would exclude the first 1.25 million metric tons of imported steel from the tax.
U.S. government officials said Monday that they reached an agreement to essentially lift the 25% tariff that former President Donald Trump imposed on imported Japanese steel.
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US eases Trump-era tariffs on Japanese steel | Since Then