No Action On Titanium Sponge Imports In The U.S.

U.S. govt to open talks with Japan on access to titanium sponge for emergencies.

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No Action On Titanium Sponge Imports In The U.S. © Daily Management Review

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 – a U.S. ally.

The United States has “an important security relationship with Japan,” 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

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