Japan is considering the imposition of "re-balancing tariffs" of 100 percent on steel imports from the United States as a countermeasure against U.S. import curbs on steel products, a senior trade official said Wednesday.
If realized, the retaliatory action would be the first ever taken by Japan in any trade row.
Several officials from the Ministry of Economy, Trade and Industry acknowledged that such a retaliatory measure was under consideration.
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