US: Trump's Aluminium Tariffs Will Cover 123 products - Nikkei

Nikkei reporting that a 25% tariff on aluminium products announced by US President Donald Trump, which could go into effect on March 12, will cover 123 products, including chipmaking equipment parts and aircraft components. The report provides clarity to the proposed tariffs following a White House proclamation stating that tariffs would cover more derivative products, without offering a list of affected products. A similar number of derivative products are likely to be impacted by an accompanying 25% tariff on steel imports. 

• Nikkei notes that items subject to the new tariffs were identified through an analysis of the Federal Register published by the US government on Tuesday, reporting: "The number of targets, 123, is a vast increase from the current nine that are subject to a 10% tariff."
• Nikkei notes that Japanese Minister of Economy, Trade and Industry Yoji Muto "is making arrangements to visit the U.S. as early as March to meet with members of Trump's administration. He is expected to meet with Secretary of Commerce Howard Lutnick to request an exemption for Japan from additional tariffs on steel and aluminum products, imported automobiles and other items."