1. The Trump administration has now started charging an additional 25 percent tariff on all auto imports as scheduled. Trump insists that vehicles and parts have been imported at unfairly low prices, causing factories and jobs to flow out of the country. He’s suggested the new tariffs will be permanent.
2. Japan’s Prime Minister Ishiba Shigeru has expressed regret over US President Donald Trump’s announcement to impose 24-percent reciprocal tariffs on imports from his country. Ishiba told reporters on Thursday that it is extremely regrettable and disappointing that the US government made the decision to impose the tariffs despite calls from Japan at various levels not to take the unilateral measure.
3. Japan’s Toyota Motor says it will not raise prices of its vehicles sold in the United States for now, despite US President Donald Trump’s additional 25 percent tariffs on auto imports.
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