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Thread: Japan tells WTO they have right to take countermeasures to US tariffs

  1. #1

    Japan tells WTO they have right to take countermeasures to US tariffs

    Japan has notified the World Trade Organization (WTO) that it reserves the right to take countermeasures against U.S. tariffs on steel and aluminum imports, the foreign ministry said on Friday.

    Japan is the only major U.S. ally that did not receive exemptions from U.S. President Donald Trump's decision in March to set import tariffs of 25 percent on steel and 10 percent for aluminum.
    Tariffs Japan will shoulder under the new duties come to about 50 billion yen ($450 million) a year. The ministry said Japan had notified the WTO it reserved the right to take rebalancing measures worth that amount.
    https://www.cnbc.com/2018/05/18/japa...l-tariffs.html
    Quote Originally Posted by vraiblonde View Post
    If you don't like it, go #### yourself.

  2. #2
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    I agree with Japan. They have that right. Not sure it will help, but they have that right.

  3. #3
    Splat Toxick's Avatar
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    Japan is the only major U.S. ally that did not receive exemptions from U.S. President Donald Trump's decision in March to set import tariffs of 25 percent on steel and 10 percent for aluminum.



    Sounds like Trump is still pissed that the Japanese owned more of New York in the 1980's than he did.
    --
    Well, it's been in your mouth for like, three hours. It feels like it's full of water.

  4. #4
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    Dear Japan: pay for your own f*cking defense, and oh, by the way, you owe us reparations for the dumping on our markets you did during the '60s and '70s.
    “Lead paint chips: they're not just for breakfast anymore.” - Board Mommy

  5. #5
    Quote Originally Posted by BOP View Post
    Dear Japan: pay for your own f*cking defense, and oh, by the way,
    Quote Originally Posted by Japan Times
    U.S. Forces Japan told The Japan Times that the approximate cost of the U.S. presence in Japan is $5.5 billion, based on the 2017 Operation and Maintenance Overview by the Office of the U.S. Undersecretary of Defense.

    It said Japan will pay ¥192 billion in the current fiscal year in direct support. U.S. Forces Japan said it does not attempt to calculate the percentage of burden-sharing.

    Asked about the different figures, a Foreign Ministry official in charge of the Japan-U.S. security treaty said the ratio varies depending on which expenses are used to calculate costs, and that the ministry has no plan to issue its own calculation.

    A Defense Ministry official also said that the U.S. usually does not want to crunch the numbers, as doing so would hint at who pays the most among the U.S. allies.

    In today's dollars, the conversion for DIRECT payment works out to just about $2B. Their "indirect" payments (not sure how that works) are estimated at equal to their "direct" payments. Thus, they pay for the vast majority of the costs. They are not the only recipients of the benefit, so that seems pretty fair.

    you owe us reparations for the dumping on our markets you did during the '60s and '70s.
    That's capitalism, baby.
    Quote Originally Posted by Sapidus View Post
    I'm sure Trump will be charged with more crimes before Hillary.

    Please pin this for future reference

    Pinned, as requested.....

  6. #6
    Happy Creepy Ass Cracka Lurk's Avatar
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    Quote Originally Posted by This_person View Post
    Their "indirect" payments (not sure how that works) are estimated at equal to their "direct" payments. .
    Status of Forces agreements with Japan are pretty straight forward. The Japanese supply and pay the salaries of many of the civilian workers on US military bases. They also pay for construction and upkeep on many of the facilities on bases. I'm not sure whether this agreement includes paying for utilities as well. There's a bunch more but much of the "indirect" payments makes the U.S. portion of operations focused on the military mission.
    Saying we are a country of "Immigrants" is an insult to our ancestors.

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