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International Business Times
International Business Times
Business

Japan Says US Tariffs 'Extremely Regrettable', May Break WTO Rules

Unlike in Trump's first term, Japan has failed to win exemptions on tariffs on imports into the United States (Credit: AFP)

Japan slammed Thursday as "extremely regrettable" US President Donald Trump's sweeping new tariffs, saying they may break WTO rules and the two countries' trade agreement.

Japanese firms are the biggest investors into the United States but Tokyo has failed to secure an exemption, with Trump announcing a hefty 24-percent levy on Japanese imports.

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