Japanese Economic Expert: U.S. Tariff Policy as a Regressive Step, Portending Global Economic Downturn

2025-03-29 / Read about 0 minute

Author：小编

On March 26, U.S. President Trump signed a proclamation imposing a 25% tariff on imported cars, effective April 2. This action has garnered significant attention from Japanese political and business circles, automobile manufacturers, and the media. Hideki Kumasano, Chief Analyst at the Dai-ichi Life Research Institute, voiced his critique of the tariff policy, asserting that it lacks positive impact and could jeopardize global economic stability. It is anticipated that this policy will result in increased prices for imported cars, dampening consumer demand and potentially eliciting retaliatory tariff measures from trading partners.

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