The agreement will transform a current 25 percent tariff into a so-called tariff-rate quota, exempting up to 1.25 million metric tons of Japanese steel.
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The U.S. and Japan strike a deal to roll back Trump-era steel tariffs.
The agreement will transform a current 25 percent tariff into a so-called tariff-rate quota, exempting up to 1.25 million metric tons of Japanese steel.