Japan, US to discuss additional tariffs on metals

The administration of US President Joe Biden says it will start consultations with Japan over excess capacity in the global steel and aluminum industries. The talks will review additional US tariffs on steel and aluminum imports from Japan.

US Secretary of Commerce Gina Raimondo and Trade Representative Katherine Tai made the announcement on Friday.

Their statement says the US and Japan "share similar national security interests as democratic, market economies."

It adds the talks present an opportunity to "hold countries like China that support trade-distorting non-market policies and practices to account."

Raimondo and Tai are scheduled to visit Japan next week to meet Economy, Trade and Industry Minister Hagiuda Koichi.

The administration of former US president Donald Trump imposed the additional tariffs on steel and aluminum imports from Japan and other countries in 2018. The extra levies have been 25 percent on steel and 10 percent on aluminum. The White House at the time said metals from overseas were hurting domestic industries.

The current US administration is seeking to work with allies and others to resolve China's overproduction issue.

Late last month, the US announced it had reached a deal with the European Union to resolve a dispute over the additional tariffs.

Raimondo said the settlement would maintain the extra duties, while exempting levies on "limited volumes" of EU steel and aluminum imports to the US.