The energy answer to Trump tariffs: A U.S.–Japan fossil fuel alliance to counter China

April 18, 2025

The global economy has been jolted by a new round of Trump tariffs. The U.S. has proposed a flat 10% import tariff, along with an additional “reciprocal tariff” pegged to bilateral trade imbalances. For Japan, this would result in an effective cumulative tariff of 34%. While implementation of the reciprocal tariff has been delayed for 90 days, the underlying tensions remain unresolved.

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