Toyota Calls for Further Tariff Reductions, Better US-Japan Ties

Toyota Calls for Further Tariff Reductions, Better US-Japan Ties

Toyota Motor Corp. said it hopes for improved ties between the US and Japan, going as far as to call for further tariff reductions a day after President Donald Trump announced a much-awaited trade pact with the island nation.

“Toyota hopes the environment surrounding the automotive industries of both Japan and the US continues to improve, including further reductions in tariffs, based on fair and open trade,” the world’s biggest automaker said in a statement Thursday.

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