Trump May Impose Tariffs on Cars: Potential Impact on Japan’s Auto Industry

Summary: Trump may announce a tariff increase on imported cars on April 2, stemming from dissatisfaction with the dominance of German cars in the U.S. market. If tariffs are increased, Japan's auto exports to the U.S. could be affected. Trump proposed similar tariffs in 2018 but failed to implement them due to opposition. Japan's auto exports to the U.S. account for over 30% of its total exports, and a tariff hike could deal a blow to Japan's auto industry and potentially affect the U.S. market as well.




