countertrade

ChainCatcher news, according to Jinshi news, the Office of the United States Trade Representative (USTR) stated on Friday that it is "continuously engaging" with Japan and other countries regarding alternative reciprocal trade arrangements, which could eliminate or reduce the current 10% tariff level imposed on most countries.A spokesperson for the USTR said in an email statement that these negotiations are substantive and technical, but President Donald Trump "will ultimately decide whether to pursue alternative arrangements with any country."