Trump said Canadian and Mexican exports to the United States would face a 25 percent tariff starting Tuesday, while goods from China, which already face various rates of duties, would see an additional 10 percent tariff.
“We’re deeply concerned about how these tariffs could affect the world’s economy,“ Japanese Finance Minister Katsunobu Kato told a Sunday show on Fuji TV.
“Japan needs to scrutinise these policies and their effects, and take appropriate measures,“ Kato was quoted by Fuji TV as saying.
China, Canada and Mexico have all vowed to respond to the tariffs.
Mexican President Claudia Sheinbaum said her country would impose retaliatory tariffs while Canada's Prime Minister Justin Trudeau said Ottawa would also hit back with 25 percent levies of its own on select US goods worth Can$155 billion (US$106.6 billion).
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