Japan is planning retaliatory tariffs against US exports worth $409 million

shinzo abeKim Kyung-Hoon/Reuters

  • Japan is considering slapping tariffs on US exports worth $ 409 million in retaliation against steel and aluminum import tariffs imposed by President Donald Trump. 
  • The government is preparing to notify the World Trade Organization of the plan this week.
  • The move is likely to be part of efforts to have Washington add Japan to a list of countries exempted from the U.S. tariffs.

TOKYO (Reuters) – Japan is considering slapping tariffs on U.S. exports worth $ 409 million in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, public broadcaster NHK said on Thursday.

The government is preparing to notify the World Trade Organization of the plan, a necessary procedure under global trade rules, this week, NHK said.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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