TOKYO, May 13: The Japanese government said on Monday it will announce plans to retaliate against US steel tariffs at the end of the week if its pleas for compensation and annulment of the heavy duties go unanswered.

A government official said that Trade Minister Takeo Hiranuma will wait until the last minute for US Trade Representative Robert Zoellick to agree to compensation before notifying the World Trade Organisation (WTO) of retaliatory measures.

But talks between Tokyo and Washington earlier this month failed to yield any agreements, and few expect a major breakthrough in telephone talks between Hiranuma and Zoellick planned some time this week.

If there is no response we will notify the WTO on May 17, the official said, adding that several cabinet ministers had met earlier on Monday and expressed support for Hiranuma’s plans.

Friday is the deadline for Japan to submit a list of retaliatory measures. The Ministry of Economy, Trade and Industry (METI) is contemplating various combinations of US steel products on which to impose the tariffs.

Negotiations have stalled between Washington and steel exporters — such as Japan, the European Union and South Korea — which have been fuming over President George W. Bush’s decision to impose tariffs of up to 30 percent on steel imports to protect domestic manufacturers.

While emergency safeguard measures are allowed under WTO rules, Tokyo took issue with Washington’s decision to include steel “plates”, U.S. imports of which had halved in the five years to 2000, in the items that would be affected.

The retaliatory tariffs were to be roughly equivalent to the tariffs imposed on Japanese exports of plates to the United States. The exports amounted to 951,000 tons in 2000.

Hiranuma and Zoellick were originally scheduled to discuss the issue in Paris on the sidelines of the Organization for Economic Cooperation and Development’s (OECD) annual ministerial council conference from Wednesday but Zoellick could no longer attend the meeting as planned, Japanese officials said.—Reuters

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
09 Jun, 2026

AJK flare-up

MATTERS have worsened in the stand-off between the Azad Kashmir government and the Joint Awami Action Committee,...
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...