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Trade

US waived extra tariffs on 70% of Japanese steel and aluminum

Trump's protectionism leaves manufacturers short of high-quality inputs

A Nippon Steel steel mill in Chiba, Japan: The effect of extra tariffs on Japanese steel and aluminum producers was less severe than feared, the trade ministry found. (Photo courtesy of Nippon Steel)

TOKYO -- Washington waived additional tariffs on 78% of Japanese steel and aluminum imports in May and on 64% of such imports in June, Nikkei has learned, as the hollowing out of U.S. manufacturing continues.

U.S manufacturers have struggled to turn out sufficient quantities of high-performance steel and aluminum for auto production, which manufacturers have long relied on Japan for. President Donald Trump's aggressive effort to protect U.S. steel and aluminum producers has had unintended consequences.

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