Japanese automakers looking at a ¥1 trillion hit from Trump tariffs

Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.

Another Japanese automaker is now 're-evaluating' EV plans

Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its strategy with slowing sales and a potential multi-billion-dollar hit from Trump’s auto tariffs. The tariffs might not even be Subaru’s biggest threat. more…

Japanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In the U.S., tariffs have roiled their global supply chains, and in China, they face competition from domestic car companies that sell next-generation electric vehicles at cutthroat prices.  Nissan announced it would continue its broad, companywide cost-cutting measures on Tuesday. The Japanese carmaker will eliminate 11,000 a…

Japanese automakers looking at a ¥1 trillion hit from Trump tariffs

No matter what happens, they expect the new levies to cost them a lot.

Japan Demands U.S. Abolish Hiked Auto Tariffs

Prime Minister Shigeru Ishiba has emphasized that Japan will continue to demand that the United States abolish increased auto tariffs.

Japanese carmakers face US$19 billion hit from Trump’s tariffs

Japan’s biggest carmakers are looking at a hit of more than US$19 billion from US President Donald Trump’s tariffs that have left the global auto industry reeling.