Japan says US tariffs 'extremely regrettable', may break WTO rules

Japanese firms are the biggest investors into the United States but Tokyo has failed to secure an exemption, with Trump announcing a hefty 24-percent levy on Japanese imports. "I have conveyed that the unilateral tariff measures taken by the United States are extremely regrettable, and I have again strongly urged (Washington) not to apply them to Japan," Yoji Muto, trade and industry minister, told reporters. He said he spoke to US Commerce Secretary Howard Lutnick before Trump's announcement of...