Trump’s 25% tariffs put $19B strain on Japan’s auto giants, threatening recovery efforts

The auto industry in Japan is experiencing a significant upheaval due to a 25 % tariff on vehicles and auto parts imposed by the U. S. The move will hit large automakers such as Toyota, Honda, Mazda, and Subaru to the tune of more than $19 billion in this financial year. Smaller companies, closely connected to […] source: https://www.cryptopolitan.com/trump-tariff-put-strain-on-japan-auto-giant/