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International Business Times
International Business Times
Business

Japan Warns Of 'Significant Impact' From US Tariffs

Japanese automakers account for around 16 percent of car imports into the United States (Credit: AFP)

Japan's government warned Thursday of a "significant impact" on its economic ties with the United States and on global trade, after President Donald Trump announced import tariffs on cars.

Tokyo is one of Washington's closest economic and strategic allies, with its firms the biggest investors in the United States and one in 10 Japanese jobs tied to the auto sector.

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