Japan-U.S. talks to avert car tariffs

Prime Minister Shinzo Abe is hoping to strike a deal to prevent President Donald Trump slapping 25% tariffs on Japan’s car exports to the U.S. and dragging Tokyo into a trade conflict with Washington

Shinzo Abe 
Donald Trump

U.S. imports of cars and light trucks (Vehicles imported, value $bn, 2017)

Mexico      2,444,882 vehicles $46.93bn
Canada      1,826,416    42.52
Japan       1,725,757    39.78
Germany       491,654    20.18
South Korea   929,419    15.73
UK            213,323     8.58 
Italy         156,922     4.77
Sweden         58,320     2.02
Slovakia       42,593     1.99
China          58,515     1.46
Hungary        41,828     1.21
Spain          61,532     1.21
Finland        33,024     1.14
South Africa   39,714     1.07
Rest of world  147,941    3.16

TOTAL IMPORTED 8.27m    TOTAL VALUE $191.75bn

U.S. market share (2017)
Mercedes 2.2% 
VW 3.7% 
Subaru 3.8%
Hyundai Kia 7.5%
Ford 14.2%
Other 5.2%
Toyota 14.2%
Honda 9.6%
Nissan 9.9%
Fiat/Chrysler 12.1% 
GM 17.6%

17.1m vehicles sold
        
 
        

Source: International Trade Administration Pictures: Associated Press     © GRAPHIC NEWS