FOCUS: Japan carmakers brace for Trump tariffs with tie-ups, supply shifts

With only days remaining before U.S. President-elect Donald Trump takes office amid his threats of tariffs, Japanese automakers are preparing to explore new partnerships and revamp supply chains to stay competitive in the vital U.S. market.Among Japanese industries, the auto sector is expected to face the highest risk from the incoming president's proposal to impose 10 to 20 percent tariffs on all U.S. imports.Vehicle exports comprise the largest share of Japan's exports to the world's largest economy, accounting for about 30 percent of the total in 2023.Toyota Motor Corp., Honda Motor Co.,…READ FULL ARTICLE