They are threatening smaller parts companies that are key to manufacturing and employ hundreds of thousands in Japan, South Korea and Germany.
Category: Japan
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Car Companies Are Paying Tariffs So You Don’t Have To
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
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Japan Says Trump to Correct ‘Extremely Regrettable’ Error in Tariff Order
Tensions have been mounting between the United States and Japan as both sides appear to have starkly different interpretations of a trade deal finalized last month.
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Japan’s Auto Giants Are Expecting Pain Despite Trump Trade Deal
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The reduced rate has yet to be implemented.
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Staggering U.S. Tariffs Begin as Trump Widens Trade War
The duties, which the president announced last week, took effect for about 90 countries just after midnight.
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Does Japan Want American Cars? Trump’s Push to Open Foreign Markets Faces Test.
President Trump is celebrating deals that lower trade barriers on American staples like cars. Experts question how much of an effect this will have.
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U.S. Imports Slid in June on Higher Tariffs
Imports from other countries fell around 4 percent from the previous month as President Trump’s steep tariffs discouraged businesses from ordering goods.
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Trump Lures Foreign Investment With a Familiar Pitch: Show Me the Money
President Trump is using an “Art of the Deal” approach to get trading partners to hand over cash to lower their tariffs.
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How Tariffs Raise Costs for Farmers, Making Food More Expensive
The latest round of tariffs is likely to make agricultural production even more expensive and, potentially, limit access to goods not produced in the United States.
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Murky Pledges of Investment Cast Shadow on Trump’s Trade Deals
Recent global trade deals with the United States were secured with huge, often vaguely defined investment pledges from partners like Japan.
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Countries Promise Trump to Buy U.S. Gas, and Leave the Details for Later
U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term.
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I.M.F. Raises Global Growth Outlook as U.S. Looks to Avert Trade Wars
The International Monetary Fund warned that trade tension continued to be a risk for the global economy.