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Japan concerned about the customs: ‘We will have to act in their interest’

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Japan concerned about the customs: ‘We will have to act in their interest’
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“It is extremely sad that the US government has published its decision on the introduction of reciprocal customs, although we expressed concern at different levels and invited the United States to not take unilateral measures,” said the Vlade of Yoshimas Hayashi Japanese journalists.

“We are seriously concerned whether the customs measure is in accordance with the rules of the World Trade Organization and the Japanese-American Trade Agreement,” the spokesman added.

Trump announced new general duties of 10% to most imports to the United States, with larger penalties based on trading deficits for many countries. In the case of Japan, it is 24%.

The Minister of Trade Yoji Muto told the American Minister of Howard Lutnicka that the American Customs Package would make it difficult for Japanese companies to invest on the American market and eventually harm the world’s largest economy.

When asked by domestic journalists about the possibilities of return measures, Muto just said that Japan would have to do what is in the national interest, not entering in detail.

(Vijesti.ba)


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