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Home » Japan reiterates it cannot accept 25% car tariffs from US

Japan reiterates it cannot accept 25% car tariffs from US

Chief trade negotiator calls tariffs 'unacceptable'

Bloomberg NewsbyBloomberg News
June 28, 2025
in Risk Management
Reading Time: 2 mins read
0
Japan reiterates it cannot accept 25% car tariffs from US

Honda Motor Co. vehicles bound for shipment sit parked in a lot at a pier in Yokohama, Kanagawa Prefecture, Japan, on Thursday, Jan. 26, 2017. Photographer: Kiyoshi Ota/Bloomberg

Japan’s chief trade negotiator Ryosei Akazawa said the country can’t accept the US’s 25% tariffs on cars, adding that the Asian nation’s automakers produce far more cars in the US than they export to America. Japanese automakers make roughly 3.3 million cars in the US a year, a number that’s far larger than the 1.37 […]

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