Japan’s carmakers are expecting $19 billion in losses from US tariffs

Japan’s biggest carmakers expect to lose more than $19 billion after the tariffs that United States President Donald Trump placed on imported vehicles and parts sent shockwaves through the auto industry. The industry’s leading brands say the duties will squeeze financial performance this year and beyond. Some firms have even stopped giving guidance while they […] source: https://www.cryptopolitan.com/japans-carmakers-19-billion-loss-tariffs/