Editorial

17:28 JST, March 3, 2025

It has become increasingly likely that U.S. President Donald Trump’s policy of high tariffs will be applied to the automobile sector. If high tariffs are imposed, it will be a major blow to the Japanese economy as a whole.

While urging the United States to exercise restraint, the government must negotiate with Washington to ensure that Japan is exempted from such tariffs.

Trump has been announcing a flood of high tariffs and has indicated an additional plan to impose a tariff of around 25% on automobiles. He said he would announce the details on April 2.

Although the envisaged target countries are unknown, it is strongly believed that Japanese cars, which are imported to the United States in large numbers, will be subject to tariffs, and the automobile industry among others is increasingly alarmed........

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