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Despite trade deal, threat of US tariffs weighs on Japan auto stocks

Toyota, Honda and Nissan face pressure from strong yen, US-China trade war

New cars wait to be loaded onto cargo ships for export in Kanagawa.(Photo by Kaisuke Ota)

TOKYO -- Stocks of Japanese automakers slumped on Monday after a broad agreement between Tokyo and Washington on market access failed to address auto tariffs, a major issue between the sides.

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