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Japanese Economy to Lose Up to $11.7Bln Due to US Car Tariffs - Reports

NAMPA / Sputnik
2025-04-02
TOKYO, April 2 (RIA Novosti) - The Japanese economy may lose up to 1.75 trillion yen ($11.7 billion) due to the implementation of 25% import tariffs on cars by the United States, the NHK broadcaster reported on Wednesday, citing the Japanese SMBC Nikko Securities Inc company​​​. In late March, US President Donald Trump said that the new 25% tariff on cars made outside the US would go into effect on April 2. The current tariff on Japanese cars in......
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