Japan Condemns Trump’s Tariffs as Unacceptable
In response to President Trump’s announcement of a 24 percent reciprocal tariff on Japanese goods, Chief Cabinet Secretary Yoshimasa Hayashi expressed strong regret and urged the U.S. to reconsider, citing concerns about WTO and Japan-U.S. trade agreement compliance. The imposition of these tariffs, Hayashi warned, could severely impact bilateral economic ties and the global economy. While specific retaliatory measures remained undisclosed, the Japanese government pledged support for affected businesses through consultation and financial aid. The U.S. tariffs, initially a uniform 10 percent, will rise to 24 percent for Japan on April 9th.
John Q. Hosedrinker