U.S. President Donald Trump has decided that no action will be taken on imports of
titanium sponge, a key component in military aircraft, following a Commerce Department
investigation which found that such imports hurt U.S. makers of the material and threaten
national security.
According to a memo signed by Trump, 94.4% percent of titanium sponge imported into
the U.S in 2018 came from Japan β a U.S. ally.
The United States has βan important security relationship with Japan,β reads the memo.
Rather than use tariffs, Trump has agreed with a Commerce Department recommendation
which calls for the United States to open talks with Japan on measures to ensure access
to titanium sponge in emergencies.
References:
reuters.com
titanium sponge, a key component in military aircraft, following a Commerce Department
investigation which found that such imports hurt U.S. makers of the material and threaten
national security.
According to a memo signed by Trump, 94.4% percent of titanium sponge imported into
the U.S in 2018 came from Japan β a U.S. ally.
The United States has βan important security relationship with Japan,β reads the memo.
Rather than use tariffs, Trump has agreed with a Commerce Department recommendation
which calls for the United States to open talks with Japan on measures to ensure access
to titanium sponge in emergencies.
References:
reuters.com