The actions of the major Japanese cars manufacturers decreased more than 3 % after the announcement of a 25 % new tariff imposed from. For imported vehicles. This procedure, which is promoted by former President Donald Trump, just affects a major industry in Japan, which represents 19 % of its exports. The consequences in the South Korean market were also reflected, although a treaty with the United States can relieve effects. Trade tension increases bilateral economic uncertainty and put pressure on diplomatic relations between the two countries.
The fall of procedures in Japanese auto manufacturers by American definitions.
The actions of the major Japanese cars manufacturers fell by more than 3 % in the stock market on Thursday, after US President Donald Trump announced a 25 % tariff to vehicles imported since April 2.
The Republican is enlarged the tariff list with “all non -manufactured cars” in his country. In Japan, this industry is one of the restaurants of the economy, with 10 % of jobs linked to the sector.
ToyotaThe best selling brand in the world, 3.7 % decreased in the opening of the Tokyo Stock Exchange. Nissan decreased by 3.2 %, Honda decreased by 3.1 % and Mitsubishi Motors, which did it by 3.7 %.
Impact on other Asian economies
In South Korea, Hyundai shares sank 3.4 %.
Vehicles represented about a third of 21.3 billion yen (142,000 million dollars) from Japanese exports to the United States in 2024.
The head of the Japanese Automobile Association, Massanori Katayama, warned weeks ago that the American definitions “will have a general negative impact on the economies of the United States and Japan.”
Diplomatic reaction and restrictions
Asian ministers pressed their American peers to get tax exemptions on products such as steel and cars, but their orders were rejected.
The announcement of a 25 % tariff for vehicles imported since April 2 by former President Donald Trump is a characteristic of the personality Protection Which can have significant bilateral effects.
In 2024, Japan exported about 1.7 million cars to the United States, its main external market. Toyota alone sold more than two million units on American soil during the same year, according to the Japan Automobile Manufacturing Association (JAMA).
The strategic importance of the auto industry
The auto industry represents about 19 % of the total value of goods exports in Japan, and is directly and indirectly employing more than 5.5 million people, according to numbers from the Ministry of Economy, Trade and Industry in Japan.
Therefore, any American commercial restriction can cause chain effects, both at the level of Japanese stock, industrial production and production.
Commercial restrictions Because this generates anxiety between analysts and the main economic actors from Japan.
The differences between Japan and South Korea
While South Korea also saw its actions, its average issue can be distinguished because it maintains the free trade agreement with the United States (Korus FTA).
This agreement includes certain mechanisms to review and resolve disputes over customs tariff issues.
Japan, on the other hand, does not have a valid similar bilateral agreement, which limits its diplomatic tools to obtain exemptions such as those achieved by the European Union in similar situations.
Political and commercial context
These measures are framed in a broader policy “America first” Roja Trump during his presidency, who resumed in his current election campaign.
They have been criticized on a large scale by the World Trade Organization (the World Trade Organization) for their ability to distort international trade and violate multilateral agreements.
The situation continues to generate uncertainty in the Asian markets and trade relations between the two countries.
Japan is studying “appropriate measures” against the Trump tariff for cars
Japanese Prime Minister Shigro Ehiba said on Thursday that his government studies “appropriate measures” in response to a 25 % tariff for imported vehicles announced by US President Donald Trump.
The American ruler enlarged his collective tariff list at 25 % from April 2 to “all non -manufactured cars” in his country.
After Trump’s announcement, the actions of the major Japanese car manufacturers decreased by more than 3 % on the Tokyo Stock Exchange.
“We have to think about appropriate measures after this announcement. Of course we will look at all options,” Ishiba told Parliament.
The auto industry is one of the pillars of the Japanese economy, with 10 % of jobs in the sector.
Toyota, the world’s best -selling brand, decreased by 3.7 % at the opening of the Tokyo Stock Exchange. Nissan decreased by 3.2 %, Honda decreased by 3.1 % and Mitsubishi Motors, which did it by 3.7 %.
In South Korea, Hyundai shares sank 3.4 %.
Vehicles represented about a third of 21.3 billion yen (142,000 million dollars) from Japanese exports to the United States in 2024.
The head of the Japanese Automobile Association, Massanori Katayama, warned weeks ago that the American definitions “will have a general negative impact on the economies of the United States and Japan.”
Asian ministers pressed their American peers to get tax exemptions on products such as steel and cars, but their orders were rejected.
Do you think that these measures will affect your decisions when purchasing a Japanese car?
Share this observation if you are interested in the economic impact of American commercial decisions.
What do you think of commercial protectionism? Tell him with us!
(Tagstotranslate) Japanese auto tariff (T) shares fall in Japan (T) Japanese auto industry (T) Vehicle Exports (T) tariffs of USAS Japan Cars (T) Toyota Fall Fall Bag imported Trump (T) Cars Export Japan EEUU (T) Economics Japan Japan Japanese cars cars cars.
Story Credit
