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In response to Donald Trump’s announcement of 25% tariffs on car imports, Japan’s prime minister, Shigeru Ishiba, has stated that “every option” is being considered to protect Japan’s national interest. The tariffs, set to take effect on April 2, have caused shares of Japanese automakers to tumble and raised concerns about the impact on bilateral ties and the global economy. Despite efforts to secure exemptions, Japan is bracing for a significant impact on its economy, with analysts predicting a hit to GDP and potential production adjustments in the automotive industry.
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