Japanese carmakers can’t shake off fears of Donald Trump’s tariff threats

Posted By : Telegraf
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Japan’s carmakers are not resting easy, despite recent suggestions that US President Donald Trump and Prime Minister Shinzo Abe could announce some sort of quid pro quo agreement, where Japan gives American farmers new access to its market in exchange for reduced tariffs on certain Japanese auto parts, in September.Given the unpredictability of the US administration on trade issues, concerns remain that crippling tariffs could be imposed on the auto sector, Japan’s biggest manufacturing…

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