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Al Jazeera

Japan's auto industry faces uncertainty amid U.S. tariff threats

Al Jazeera · Current
Al Jazeera
Al Jazeera
Current

US President Donald Trump is threatening to impose tariffs as high as 35 percent on Japan, if a trade deal between the two countries isn't reached. That's generating uncertainty in the Japanese auto industry.

BreakdownGenerated by LeadStory AI
  • Japanese auto manufacturers face uncertainty due to threatened US tariffs. 6s
  • Some companies previously moved production from China to Japan to avoid tariffs, but may now reverse this decision. 19s
  • The auto industry is vital to Japan's economy, employing over 8% of the workforce and accounting for 10% of output. 50s
  • Trade talks between Japanese and US leaders have not produced a breakthrough, raising fears of a trade war. 1m 23s
  • Japan's significant holdings of US debt provide it with leverage in trade negotiations. 2m 1s
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Global Tariffs

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.