Tag: Japan

Countries Vow Retaliation For Trump’s 25% Auto Tariffs

Washington: World powers on Thursday blasted US President Donald Trump’s steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies. Major car exporter Germany called for a firm response from the EU, while Japan said it “will consider all…

Joe Biden Blocks US Steel Sale To Japan’s Nippon

Washington, United States: US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal for the Japanese company to buy its American rival. Biden cited a strategic need to protect domestic industry – but the move drew sharp…