Economics

Japan Warns U.S. Auto Tariffs Would Threaten Global Free Trade

Toyota Says Camry Faces $1,800 Cost Jump on Trump Tariffs
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U.S. trade restrictions, including threatened tariffs on cars and auto parts, would put "the global free trade system at great risk," the Japanese government warned on Friday.

Japan didn’t explicitly threaten retaliatory measures if the U.S. imposed tariffs or restrictions on car imports, but said "rebalancing measures" by other countries "might well result in damage to the U.S. manufacturing and agricultural industries."