US - Japan agreement to counter China practices

United States Secretary of Commerce Gina M. Raimondo and United States Trade Representative Katherine C. Tai announced a new 232 tariff agreement with Japan to allow historically-based sustainable volumes of Japanese steel products to enter the U.S. market without the application of Section 232 tariffs. This deal will help ensure the long-term viability of U.S. steel industry and protect American jobs. It is also part of efforts to provide relief for American manufacturers who rely on readily accessible, affordable steel to make their products and lower prices for American families.

The deal is another example of President Biden’s focus on strengthening relationships with vital Allies and partners, and working with them to address unfair practices by countries like China, together.

Commerce Secretary Gina M. Raimondo commented “Today’s announcement builds on the deal we struck with the EU and will further help us rebuild relationships with our allies around the world as we work to fight against China’s unfair trade practices and create a more competitive global economy for America’s families, businesses and workers."

Ambassador Katharine Tai added “In reaching this agreement with Japan, one of our strongest trading partners, we are taking another step forward in our mission to rebuild and revitalize these important relationships."