Regular readers of this Blog could hardly be surprised by this news – after all, there’s been plenty of warning. Today is the first day of Japanese tariffs. This piece just kinda marks the fact that it actually came to pass.
AP via Yahoo News
Japanese tariffs on U.S. steel imports took effect Thursday as part of Tokyo’s battle against American steel industry protection measures.
One can hardly blame the Japanese. It’s been 5 years and the US congress has had plenty of warnings from Canada, from the WTO, from Japan, from the EU.
I deal with Byrd in detail here, so there’s no need to waste further electrons on it again.