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Trump Tariffs Deliver Blow to Japanese Automakers' Outlooks

Trump Tariffs Deliver Blow to Japanese Automakers' Outlooks

Subaru President Atsushi Osaki speaks at an online press conference on Wednesday.
Subaru President Atsushi Osaki speaks at an online press conference on Wednesday.

   Tokyo, May 14 (Jiji Press)--Major Japanese automakers expect a substantial negative impact of U.S. President Donald Trump's high tariffs on their earnings for fiscal 2025.
   Some said that the Trump tariffs are expected to cost them several hundred billion yen in terms of operating balance for the year through March 2026.

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AFP-JIJI PRESS NEWS JOURNAL


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