The United States is threatening to raise tariffs on Japanese vehicle imports from 2.5 per cent at present to 25 per cent. Photo: AFP
The United States is threatening to raise tariffs on Japanese vehicle imports from 2.5 per cent at present to 25 per cent. Photo: AFP
Japan

Japanese carmakers can’t shake off fears of Donald Trump’s tariff threats

  • Suggestions that Washington and Tokyo could announce a trade deal later this year aren’t helping Japanese car firms rest easy
  • They still fear Trump’s threat of crippling tariffs and are taking pains to emphasise their contributions to the US economy

The United States is threatening to raise tariffs on Japanese vehicle imports from 2.5 per cent at present to 25 per cent. Photo: AFP
The United States is threatening to raise tariffs on Japanese vehicle imports from 2.5 per cent at present to 25 per cent. Photo: AFP
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