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Japan Inc split on Trump tariffs as automakers brace for deeper hit
TOKYO: US President Donald Trump’s tariffs are cleaving Japan Inc, with some major exporters like Toyota Motor slashing profit forecasts, while others such as Sony and Honda say the impact may be less severe than initially feared.
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The ...
Goods from more than 60 countries and the European Union became subject to tariff rates of 10% or higher overnight.
News Nation on MSN1h
Trump’s broad tariffs now in effect. Here’s what you need to knowTrump has continued to promote tariffs as a path to reducing the trade deficit. However, many importers sought to avoid the ...
President Trump is celebrating deals that lower trade barriers on American staples like cars. Experts question how much of an ...
Donald Trump said Japan would accept imports of Ford’s huge F-150 pickup trucks, in the latest sign that the two countries ...
Just Auto on MSN22h
Trump claims Japan to import F-150s amid US tariff deal uncertainty – reportCurrently, the US imposes a 27.5% tariff on Japanese autos, a figure that combines an earlier 2.5% rate with a new 25% ...
Japan pressed the United States to swiftly implement an agreed cut to auto tariffs and sought clarification on levies for ...
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