Tag: Japan US trade relations
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Japan: US eases Section 232 tariffs on Japanese construction machinery imports
US lowers construction machinery tariff from 25% to 15%. Komatsu and Hitachi expect tariff savings of JPY 12 bn and JPY 9.7 bn. Japan Metal Daily: The United States has revised the additional tariffs imposed on steel and aluminium derivative imports under Section 232 of the Trade Expansion Act. The country has retained the 50%…