The United States has reduced the 25 percent extra tariff on steel imports from Japan that was imposed by the Trump administration.
Under the new 232 tariff agreement reached with Japan on Monday, around 1.25 million metric tonnes of Japanese steel products will be allowed to enter the U.S. market a year without the application of Section 232 tariffs.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.