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Japan doesn’t rule out auto tariffs on US

By Sean Higgins
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Japan doesn’t rule out auto tariffs on US

Japanese Minister of the Economy Hiroshige Seko declined Thursday to rule out retaliatory tariffs against the U.S. should it go ahead with plans to place 25 percent levies on foreign autos and auto parts.

He also warned that the Trump administration’s team has “misunderstandings” about trade issues, and that its policies would lead to less foreign investment in the U.S.

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Auto Industry Japan Tariffs Trade