Japan signals intent to withdraw WTO concessions in response to Section 232 tariffs

Japan will soon file its intent to withdraw World Trade Organization concessions equal to the amount of trade affected by Section 232 tariffs imposed by the U.S. on steel and aluminum imports, according to Japanese press reports and sources familiar with the action. Japan, one of the countries that did not receive immunity from the U.S., is expected to file a notification under Article 8 of the WTO Safeguards Agreement, though a WTO spokeswoman said that notification had not been...