US, Japan reach deal to scrap tariffs on imported steel

Contributing sentiments towards policy:

53% : U.S. Trade Representative Katherine Tai argued that the new agreement with Japan along with the other deal last year on steel with the European Union will put the countries in better position to compete against China.
51% : Co." why he is pleased with the deal with Japan to cut tariffs on the commodity.
50% : Trimble reported that there were concerns that cutting the tariffs entirely would lead to a glut of foreign steel on the market, especially coming from China, and noted that Burritt believes that the new deal with Japan will still prove beneficial for U.S. steel companies like his.
45% : That number is equal to the average that Americans imported from the country in 2018 and 2019, effectively doing away with the tariffs while also allowing for taxes to be charged on any imports over that amount.
15% : Burritt argued that the deal is not only credited to the Biden administration, but also President Trump's administration given Trump had put the tariffs in place to begin with and forced the deal to be negotiated with the European Union and then with Japan.

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