TOKYO (AP) - Japan will slap 15 percent levies on U.S. steel imports starting Sept. 1 in retaliation for American steel industry protection measures, the trade ministry said Monday, turning up the heat on a long-festering dispute between the world's two largest economies.
The tariffs, which could rise as high as 5.7 billion yen (US$51 million), will target ballbearings, airplane parts and other steel products, the Ministry of Economy, Trade and Industry said.
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