The Commerce Department said Wednesday it has exempted some steel products from Japan and four other countries from U.S. tariffs of 25 percent. The exemption applies to seven U.S.-based companies importing steel products from Japan, Sweden, Belgium, Germany and China, the department said. It was the first time that the United States has taken such action on a product basis since President Donald Trump imposed global tariffs of 25 percent on steel and 10 percent on aluminum in March, citing the need to defend "national security." In Tokyo, Chief Cabinet Secretary Yoshihide Suga told a press conference the Japanese ... (full story)