US will open talks with Japan on import steel, aluminum tariffs By Reuters – Investing.com

  • Date: 13-Nov-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
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US will open talks with Japan on import steel, aluminum tariffs By Reuters – Investing.com

By David Shepardson and Andrea Shalal

WASHINGTON (Reuters) - The United States said on Friday it will open talks with Japan that could lead to an easing of tariffs on steel and aluminum imports, a longstanding irritant in trade relations between the two allies.

The U.S. Commerce Department and the United States Trade Representative's Office said the talks were aimed at addressing "global steel and aluminum excess capacity", restoring market-oriented conditions and preserving critical industries.