US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead of further promised trade levies next week.
Wall Street slumped ahead of Trump’s Wednesday afternoon announcement, while the world’s top-selling automaker Toyota plunged more than three per cent.
Japan’s government described the announcement as “extremely regrettable,” while Prime Minister Shigeru Ishiba said Tokyo was “considering all kinds...
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