Japan is studying options to respond to new American drawings
Japan announced that it is studying all the options available to respond to the new customs duties imposed by US President Donald Trump, in an escalatory move that may fuel global trade tensions and negatively affect the Japanese economy, especially the auto industry.
& nbsp;
All options are open
Japanese Trade Minister Yuji Moto, at a press conference, stated that his country leaves & quot; all options are open & quot; To respond to the new American customs duties, describing these drawings as & quot; very unfortunate & quot;
and the & quot; Reuters & quot; On Moto, he said: & quot; He held an online meeting with his American counterpart Howard Lootnick immediately before Trump’s announcement, to repeat Japan’s demand to exempt it from customs duties.
& nbsp; On whether Trump’s fees are consistent with the World Trade Organization framework, which indicates that Japan may resort to the International Organization for Stabbing these measures.
& nbsp;
A harsh blow
The customs duties are scheduled to enter by 25% on car imports as it is scheduled for Thursday in the United States time, which constitutes a major blow to the Japanese auto industry.
& nbsp; The country’s gross domestic product, which means that these drawings will greatly affect the Japanese economy as a whole.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related
