Japan says ‘every choice’ on the table against 25% car tariffs in Donald Trump

Unlock the editor’s digestion free

FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.

Japan’s Prime Minister has taken into account “every choice” and 25 percent of South Korea, Donald Trump has emerged and strengthened the trade war in the United States.

Shigeru Credit’s statements in Japan’s parliament came after Trump Latest trading SalvoOn April 2, it is expected to apply a number of mutual tariffs against US partners and allies on the same day.

It is expected to be among the worst affected by Asian carmakers. Japanese cars shares landed on Thursday by 2 percent, 5 percent, 5 percent, South Korea’s largest carmakers Hyundai and his branch kia landed about 4 percent.

“We need to think about the best choice for Japan’s national interest,” he said. “We consider each option to get the most appropriate answer.”

The European Commission President Ursula Von Der Leien’s comments came to the opinions of the EU, EU assessed its choices, he said.

Japan‘s best spokesman Yoshimasa Hayashi described the tariffs to be seen as an industrial driving force, “extremely regret”. Added that the developing trade policy of the Trump management can have a great impact on bilateral relations, global economy and multilateral trading system.

The February meeting in Washington was first accepted to confirm the power of the US-Japanese Union.

However, Traders in Tokyo said the sharpness of the tone of the work – “Every Option” – pointed out Rising panic in Japan superior to the strength of the relationship.

Japan has in recent weeks Washington for a freedom Highlight the status of the tariffs as the largest supplier of direct investment in the United States.

The country’s economy and the Minister of Trade visited Washington this month, but the efforts did not deliver Japan’s hope.

“Japan is the largest investor in the United States, so we think that there is meaningful for single tariffs for all countries. This is a point and we will continue.”

Japanese carmakers have established significant production facilities in the United States, but their supply chains trust in Canada and Mexico.

Japan is the dominant manufacturers of Japanese companies after Mexico, the largest exporter of ready-made vehicles. In 2024, the United States sent a $ 40 billion car worth of cars, represent 28.3 percent of total exports to the United States in 2024.

Goldman Sachs Analysts said that the impact of Japanese exports could be “great” because it is a score of cars and parts in a very large ratio of exports to the United States.

However, they say the general economic impact will be “somewhat limited,” Japan will not lose their competitiveness against other car imports, and the ability to compete against other car imports to 0.1 percent.

Japanese Automobile Manufacturers Association, Chairman of the Lobby Group Masanori Katayama, previously required US tariffs, US tariffs were applied against the import of vehicles from Japan, Mexico and Canada.

However, Julie Boots, in Pelham Smithers, as an analytical, tariff pressure “ironic”, “ironic” will strengthen “ironic”, will strengthen the support of smaller groups.

South Korean Minister of Industry Duk-Gun, Korean carmeyers promised to “considerable difficulties” due to the tariffs of Korean carmakers and will announce extraordinary events after a meeting with industrial executives next month.

Hyundai, who $ 7.6 billion Hybrid and electric vehicle factory Georgia started operations on Thursday, and we also presented plans to expand the US production capacity to wait for Trump tariffs.

On Tuesday, Karmeyker, $ 21 billion in investment in the United States, including Louisiana a $ 5.8 billion steel plant, as well as 1.2 million vehicles in the country, now exceed 700,000.