Expert: The US's tariff policy is regressive and will lead to an overall economic downturn.
On March 30, US President Trump signed a proclamation at the White House on the 26th, announcing an additional 25% tariff on imported cars. The related measures will take effect on April 2. This news has attracted widespread attention from Japanese political and business circles, car companies, and media. Hideo Kumano, chief economist at Dai-ichi Life Research Institute in Japan stated that U.S. tariff policy has no positive effects and poses risks to the global economy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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