Japan aluminium industry calls on Trump to rethink tariffs plan
Tokyo
JAPAN'S aluminum industry is calling on President Donald Trump to rethink his plan to levy a 10 per cent tariff on all imports of the metal, saying the action would hurt the country's sales and could spill over into other industries, triggering a rise in global protectionism.
"Our biggest concern is that individual producers in this country will lose business," Yoshihisa Tabata, executive director of the Japan Aluminium Association, said in an interview …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil jumps, equities fall as Iran blasts fan Middle East tensions
Gold set for fifth weekly gain as geopolitical risks buoy demand
Oil holds near 3-week low as US sanctions interrupt easing tensions
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
BP reshapes its leadership team as some executives leave
BHP to decide on future of nickel business by August, trims met coal estimates