Cost of Japan’s tariff deal with the US
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Mazda Motor Corp. is bringing a new version of its best-selling model to US showrooms — and it’s coming all the way from Japan.
When car maker Mazda sneezes, everyone catches a cold, say people in its hometown of Hiroshima in western Japan, but these days, auto parts maker Yuji Yamaguchi fears a deep chill is on the way.
Manufacturers importing vehicles and related components into the United States are all trying to find inventive ways to mitigate the effect of the Trump administration’s tariffs, which are expected to increase the price of a new car by almost $2,
The city of Hiroshima, with its major employer Mazda, faces economic challenges due to U.S. tariffs on automobile imports. Auto parts maker Yuji Yamaguchi's firm, heavily dependent on Mazda, fears significant impact.
Shares of Japanese, South Korean and European automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that included reducing tariffs on Japanese auto imports to 15%,
Mazda for now will absorb about $100 million in tariff-related costs this month without resorting to price increases, the Japanese automaker told its U.S. dealers. In an email to dealers Wednesday ...
Auto stocks rally globally after Trump announces 15% tariff deal with Japan, sending Toyota up 14% and spreading gains to US and European carmakers
Car prices are about to shoot higher. That’s because a 25% tariff across all cars that the United States imports is set to take effect on April 3. And not long after, a 25% tariff on most ...
The dollar initially dipped against the yen but was last up 0.2% to 146.9 yen after the local Mainichi newspaper reported Prime Minister Shigeru Ishiba has made up his mind to resign following losses in Sunday's upper house election.
HUNTSVILLE, Ala. (WHNT) — 25% tariffs on imported cars and auto parts are part of President Trump’s “Liberation Day” initiative. The tariff takes effect at midnight Thursday. Hiley Mazda ...
World’s third-largest auto group Hyundai reports $600mn hit from levies, while Japan’s Mitsubishi suffers profit wipeout