U.S. Auto Tariffs: Japan Cannot Avoid Severe Blow If Duties Are Imposed on the Nation

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U.S. Auto Tariffs: Japan Cannot Avoid Severe Blow If Duties Are Imposed on the Nation

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.