Nissan may become the first company to transfer part of its production from Japan to the United States due to tariffs.
According to the Japanese business newspaper Nikkei, Nissan Motor Company is considering moving part of its production from Japan to the United States to avoid export tariffs.
In this way, after the export tariffs are imposed, Nissan Motor Company will become the first company to move part of its production from Japan to the United States.
The Rogue sport utility vehicle (SUV), which has a major market in the United States, is produced at a factory in the U.S. and another factory in Fukuoka Prefecture, Japan. To avoid export tariffs, some of the production in Fukuoka may be transferred to the U.S.
The report pointed out that small and medium-sized subcontractors would suffer the greatest losses as they would lose orders from Nissan.
Of the 920,000 Nissan vehicles sold in the U.S. in 2024, 150,000 or 16% were exported from Japan.
U.S. President Donald Trump previously signed an executive order imposing mirror tariffs on imported goods, levying a 24% tariff on Japan. He also signed an order imposing a 25% tariff on imported cars, light trucks, and automotive parts starting April 3, stating that this measure was necessary to protect "national security."
So far, the U.S. has imposed a 2.5% tariff on Japanese cars. By the end of 2024, total Japanese car exports to the U.S. will reach 6.026 trillion yen (approximately $40 billion), accounting for 28.3% of Japan's total exports to the U.S.
The Japanese government has repeatedly stated that it will continue negotiations with the U.S., arguing that Japanese automakers have made direct investments of $61 billion in the U.S. and provided job opportunities for 2.3 million people, therefore listing Japan among the countries subject to tariffs is unfair.
Original Source: https://www.toutiao.com/article/1828574678000644/
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