Reported about 5 hours ago
Japan's automobile industry association has called on the government to protect Japanese automakers from potential U.S. tariffs on auto imports. The JAMA expressed concerns over the economic impact of U.S. President Trump's proposed 25% tariffs on autos, warning of adverse effects on both Japan and the U.S. The meeting included executives from major automakers like Toyota, Honda, and Nissan, who shared worries about the ability to absorb increased costs from tariffs and the broader economic fallout.
Source: YAHOO