Japan says US promises to fix double tariff oversight | Metals Mine

  • Japan says US promises to fix double tariff oversight

    From channelnewsasia.com

    The US government on Thursday (Aug 7) promised to amend a presidential executive order to remove overlapping tariffs on Japanese goods, Tokyo's trade negotiator said, after talks in Washington to fix what he called a "regrettable" oversight. In those discussions, Ryosei Akazawa urged US Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent to ensure that a 15 per cent levy agreed last month on Japanese imports was not stacked on goods, such as beef, that are subject to higher tariffs.They explained they would amend a Jul 31 presidential order, which included a no-stacking provision for the European ... (full story)

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Luxyus
Aug 8, 2025 2:13am
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at the end all these agreements on tariffs remain unilateral. US has always the last word. And could change every day LOL
HonzaD
Aug 8, 2025 6:28am
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Quoting Trader#12EE
the yen pairs are so draggy. you have the yen being pushed down during the asian session and being pushed up during the us session.
And isn't it because at the same time, trades of American companies and funds open in the American session, and when they don't do well, it has an impact on the dollar...?
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Trader#12EE
Aug 8, 2025 2:31am
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the yen pairs are so draggy. you have the yen being pushed down during the asian session and being pushed up during the us session.
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