Tokyo’s planned retaliatory tariffs would be the equivalent value to duties imposed by Washington via its #tariffs, according to NHK, but will be seen as a bargaining tactic to persuade Washington to add #Japan to a list of countries exempted from the US tariffs. Japan was the #UnitedStates’ fourth largest export market in 2016, according to US government figures, and worth more than $100bn. The leading categories were food, aircraft, machinery, pharmaceuticals and services.

Japan is the only major #US ally that did not receive exemptions from #Trump’s tariff decision, which came as a shock to many policymakers given prime minister #ShinzoAbe’s close ties with Trump. Tokyo has been wary of following in the footsteps of China and the European Union, which responded to the US decision with reciprocal threats.


#WorldEconomy #Protectionism #America #Globalisation #GlobalTrade #TradeWars #EconomicRisk #Economy #TradePolicy #InternationalTrade #TradeTariffs #Politics #Geopolitics #InternationalRelations
Japan plans $400m hit on US goods in response to Trump tariffs
https://www.theguardian.com/world/2018/may/17/japan-plans-400m-hit-on-us-goods-in-response-to-trump-tariffs

Rising Tide of Inflation #China #tariffs #gold #oil #usgoldbureau

https://invest.usgoldbureau.com/news/rising-tide-inflation/

#Lumber Prices Soar on Tight Supply, Trade #Tariffs - http://ow.ly/FUsL30k24W7

The Japanese government is making final arrangements to inform the World Trade Organization of its readiness to take retaliatory steps against #US tariff actions. The government is considering imposing #tariffs on US exports worth about $409m - the equivalent of duties levied by the US through its tariffs. It does not plan to specify the items subject to the tariffs. #Japan's stance differs from that of China and the European Union, which have responded to the US decision with reciprocal threats.

#WorldEconomy #Protectionism #America #Globalisation #GlobalTrade #TradeWars #EconomicRisk #Economy #TradePolicy #InternationalTrade #TradeTariffs #Politics #Geopolitics #InternationalRelations #UnitedStates #Trump
Japan readies for #WTO action against US
https://www3.nhk.or.jp/nhkworld/en/news/20180517_03/

Corporate America to President Trump: Give us tariff relief #tariffs

Think Samsung is right to complain?

#Android #news #samsung #tariffs #tech

Here is how #tariffs will affect you when replacing your #hvacunit. Take advantage of pre-tariff savings and call us today. #hvacservice #blog

EU heads discuss bold or fold strategy towards Trump tariffs http://ar.musz.info/eu-heads-discuss-bold-or-fold-strategy-towards-trump-tariffs/ #Bold, #Discuss, #Fold, #Heads, #Strategy, #Tariffs, #Towards, #Trump'

Chinese Premier Li Keqiang announced that #China will reduce #tariffs on imported #cancer #drugs to 0%. This should boost global drug makers by making their products more accessible in China, which has the largest population of cancer patients. Read more: bit.ly/2ItJOFD

Apple's Tim Cook attacks Trump over tariffs, trade in new interview http://ar.musz.info/apples-tim-cook-attacks-trump-over-tariffs-trade-in-new-interview/ #Apple'S, #Attacks, #Cook, #Interview, #Tariffs, #Trade, #Trump'