Japanese Prime Minister Shinzo Abe has stated that he is exploring every conceivable measure to counteract President Trump's proposed 25% import tariffs on cars. Asian automakers are anticipated to bear the brunt of these measures. On Thursday, shares of Japanese automakers plummeted between 2% and 5%, while South Korea's Hyundai and its subsidiary Kia saw declines of approximately 4%. Abe emphasized the need to select an option that best aligns with Japan's national interests and hinted at the development of a comprehensive response strategy. Tokyo traders observed that Abe's direct tone and choice of words indicated Japan's escalating concerns regarding the stability of bilateral relations.
