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Goldman Sachs: 25% Tariff on Foreign Cars to Have Minimal Economic Impact on Japan
2025-03-27 /
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Author：小编
The Trump administration plans to impose a 25% tariff on automobiles not manufactured in the United States. Despite Japanese automakers maintaining their competitive edge, this new tariff will come into effect on April 2, and Japan's repeated appeals for exemption have proven futile. The automotive sector constitutes a vital component of Japan's economy and trade relations with the United States. However, analysts anticipate that this measure will exert only a minimal impact on Japan's GDP growth rate, resulting in a decline of just over 0.1 percentage points.
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