Editorial

15:00 JST, March 15, 2025

The high tariff policy of U.S. President Donald Trump has sparked a full-scale trade war, and it has begun to shake up the financial markets. The Japanese government needs to deal with the situation while anticipating any developments.

On Wednesday, the U.S. government imposed an additional 25% tariff on steel and aluminum products from all countries and regions, including Japan. This is the first time that new tariff measures have been applied to imports from Japan during the second Trump administration.

This month, the United States has already imposed 25% tariffs on many imports from Canada and Mexico, and it has also raised the additional tariff on imports from China to 20%.

The European Union and China are among those who have........

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