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Japan tells WTO ready to retaliate against US steel tariffs

AFP  |  Tokyo 

told the today it was ready to take retaliatory measures against US tariffs on its and aluminium, reversing its earlier conciliatory stance toward its close ally.

informed the WTO it had the right to impose tariffs on US goods worth 50 billion yen (USD 451 million) -- equivalent to the impact of the US tariffs newly imposed on Japanese metal products, the foreign ministry said in a statement.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 19:35 IST