Akio Toyoda, Chairman of the Japan Automobile Manufacturers Association, said that the Japanese automobile makers lobby were extremely disappointed by the US President Trump’s comment.
Trump said that imported vehicles were a threat to the US national security.
Toyoda noted: “We are dismayed to hear a message suggesting that our long-time contributions of investment and employment in the United States are not welcomed.”
This comes ahead of the US-Japan trade talks due later today.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.