Trade
Japan Broaches Car Tariffs With US as Trump Threatens Hikes
- Trump has threatened to impose a 25% levy on car imports
- Japan already makes more cars in the US than it exports to it
Tokyo is closely watching any potential impact stemming from higher levies, which the president said might officially be unveiled as soon as April 2.
Photographer: Toru Hanai/BloombergThis article is for subscribers only.
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Japan has raised the issue of auto tariffs with the US after President Donald Trump threatened to impose a 25% levy on car imports, a move that would deliver a big blow to Japan’s economy.