On March 30, President Trump signed a proclamation at the White House on the 26th, announcing a 25% tariff on imported cars, with the relevant measures to take effect on April 2. This news has attracted widespread attention from Japan's business community, automotive companies, and media. Hideo Kumano, chief economist at the First Life Economic Research Institute, stated that the U.S. tariff policy has no positive effect and will bring risks to the global economy.
Experts: The U.S. tariff policy is retrograde and will lead to an overall economic downturn
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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