Trump's tariff policy has far-reaching impact on Japanese and Korean automakers

Trump's threat to impose a 25% tariff on imported cars and other threatened tariffs could cost Japan's six largest automakers up to 3.2 trillion yen ($21 billion) in additional tariffs, making it harder for companies like Mazda and Subaru to compete in the market. As a result, Japanese automakers are considering adjusting production plans before U.S. President Trump imposes higher tariffs, which could come as soon as a few weeks.