Today, 38 years ago, on April 17, 1987 (March 20, 1987), the United States first imposed retaliatory economic sanctions on Japan. Japanese Tibetan Minister Yuri Zhejiang and U.S. Treasury Minister Baker held emergency consultations with the United States from April 17, imposing a 100% punitive tariff ($300 million) on Japanese exports of color TVs, small computers and other electronic products to the United States. The United States accused Japan of violating the semiconductor agreement signed by the two countries last July, cheap dumping of chips, seriously endangering the development and competitiveness of the U.S. semiconductor industry. This was the first retaliatory economic sanctions imposed by the United States against Japan since the Second World War. Japan protested against the United States and filed a complaint on the grounds of