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Japanese Carmakers Face Major Setback as Shares Plunge Ahead of Trump's Tariff Announcement

Japanese Carmakers Face Major Setback as Shares Plunge Ahead of Trump's Tariff Announcement
3 months ago

In a startling turn of events, shares of major Japanese automakers have experienced a significant drop as investors brace for an imminent announcement of steep tariffs by the Trump administration. This potential imposition of tariffs could have far-reaching consequences for the automotive industry, particularly for companies that hold substantial market shares in the United States.

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