Tariffs on vehicles bound for Canada are expected to be raised to 50% and take effect as early as January next year. Japanese companies' exports and transactions are expected to be affected.
Canada has indicated that it plans to raise tariffs on automobiles to 50%, with January next year reportedly seen as the likely timing for their implementation.
The move is said to potentially affect Japanese companies' exports and transactions related to automobiles, and companies are expected to face the need to respond.
The reports do not provide officially confirmed details on the products covered or the extent of the impact, but they point to the possibility that implementation of the tariffs could affect Japanese companies' business activities.