Japan Broaches Car Tariffs With US as Trump Threatens Hikes
President Says Tariffs Could Roll Out April 2
Subaru vehicles bound for shipment at a port at dusk in Yokohama, Japan, on Feb. 6. (Toru Hanai/Bloomberg)
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Japan has raised the issue of auto tariffs with the U.S. 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.
Tokyo is closely watching any potential impact stemming from higher levies, which the president said might officially be unveiled as soon as April 2. Economists estimate the impact would be substantial given that cars make up the largest component of Japan’s exports, with the U.S. as the No. 1 market.
“We have been raising the issue with the U.S. government,…
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