Chinese, Japan, and South Korea's anger, decided to tax in the United States will
The negative reaction of three Asian countries immediately decided in the steel and aluminum import taxes in the United States President Barack Donald Trump on Friday (03 September), also warned these effects among the intimacy of the country.
Japan says the movement between the pressure from the United States tax will affect bilateral relations seriously close to two countries, firmly opposed Chinese said, they decided together. In addition, South Korea can also send their complaints to the World Trade Organization (WTO).
On Thursday (August 3rd local time), the president of the United States has signed Donald Sichuan 25% ordinary import taxes on working pressure of 10% steel and aluminum, but the exemption of Canada and Mexico. In addition, you said trump, different countries also have the ability to be free. The definition of the tax-deductible case will depend on the state of trump can convince you that there is an alternative to a satisfactory solution to the state or unfair trade.
Chinese iron and steel production capacity of 50% - capital - Assessment of the world would hurt the U.S. tax from the movement of the pressure, and the determination to protect their legal rights, the Ministry of Commerce Chinese.
The Ministry of Commerce pointed out that China tax pressure will seriously affect the normal order of international trade.
On the sixth day (09 August 03), Japanese Foreign Minister Taro Kenuo, confirmed that "regrettable", the United States decided to import taxes on steel and aluminum.
In addition, Japan also said that the United States will continue to require duty-free imports of steel and aluminum processing in Japan.
The tension between the United States and China trade is increasing, because you trump is the president of the United States. Chinese total imports accounted for only a small part of the amount of steel, the expansion of the United States, but the country's industrial production has to balance the global steel by reducing the price.
Junichi Makino in SMBC Nikko Securities' chief economist in Tokyo, or: "the price of war will be very expensive business, it will make people unhappy".
The working pressure of Al and Dundonald Trump announced at the same time the import tax on together for the signing of a cooperation agreement and the overall progress of the trans-Pacific (cptpp) - an agreement, the United States withdrew last year.

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