Japan has requested an exemption from President Donald Trump’s 25% tariffs on aluminum and metal, in accordance with Japan’s prime spokesperson.
Japanese Prime Minister Shigeru Ishiba barely had time to unpack from his journey to Washington earlier than having to take care of the shock of Trump’s new metal and aluminum tariffs. Japan is an export-driven nation. Tariffs ship a shock by way of industries, markets and the individuals whose jobs rely upon world commerce.
Japan, for now, is in Trump’s crosshairs as soon as once more. The tariffs might affect sectors the place this nation is a dominant participant comparable to vehicles, tech and metal. Throughout Trump’s first time period, companies spent years adapting to his unpredictable insurance policies. Now, they might should do it over again. Wash, rinse, repeat, Trump model.
-ABC Information’ Anthony Trotter