Japan has officially requested an exemption from US President Donald Trump’s proposed 25 per cent tariffs on steel and aluminium, as well as other reciprocal tariffs, according to a report from Tokyo-based Kyodo News.
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Meanwhile, Vietnam is prepared to engage with the United States to discuss the new tariffs on steel imposed by Washington, aiming to avoid the risk of additional duties, as stated by a spokesperson for its foreign ministry.
Japanese Foreign Minister Takeshi Iwaya made the request during a brief exchange with US Secretary of State Marco Rubio on the sidelines of the Munich Security Conference. Iwaya also expressed Japan’s eagerness to hold high-level security talks between the foreign and defence ministers of both nations “at an early date.”
According to a statement from Japan’s Foreign Ministry, the two diplomats agreed to maintain close communication to further strengthen economic relations between the US and Japan.
US-Japan’s past five years of trade history
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