	u s stock market overreacts to tariffs yeutter u s  representative clayton yeutter said the stock market overreacted to a u s decision last week to proceed with tariffs on some japanese computer products speaking to reporters prior to testifying at a house agriculture committee hearing yeutter said it is difficult to comprehend that a  decision affecting only mln dlrs in goods caused the stock market collapse yesterday i have a hunch a lot of other things were involved in that stock market fall including simple profit taking yeutter said yeutter said japan would be sending a senior official from its  ministry to washington next week for talks on the computer chip dispute we will be glad to have him here but that s not going to affect a decision that s already been made yeutter said the decision announced last week would apply higher tariffs on a range of japanese products in retaliation for the alleged failure of tokyo to honor an agreement with the u s on semiconductor  reuter 
