Tags: japan | abe | us | auto | tariff | damage | economy

Japan's Abe: US Auto Tariff Will Damage US, World Economy

Japan's Abe: US Auto Tariff Will Damage US, World Economy
(Roman Romaniuk/Dreamstime)

Friday, 20 July 2018 10:25 AM EDT

Japan's Prime Minister Shinzo Abe has warned the U.S that higher tariff on auto imports would backfire and harm not only America's jobs and economy but also devastate the global economy.

Abe told a news conference marking the end of a Diet session Friday that Japan's auto and auto parts industry has never threatened America's national security and never will. Abe said he will keep explaining that to Trump.

Trump has ordered the U.S. government to investigate if higher tariffs on foreign-made vehicles and auto parts are justified on national security grounds.

Japan's auto industry has invested billions of dollars in U.S. plants that employ many workers.

Abe's government last month sent a report to Washington, warning against any trade restrictions.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


StreetTalk
Japan's Prime Minister Shinzo Abe has warned the U.S that higher tariff on auto imports would backfire and harm not only America's jobs and economy but also devastate the global economy.
japan, abe, us, auto, tariff, damage, economy, world
121
2018-25-20
Friday, 20 July 2018 10:25 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved