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Trade war

Trump auto tariff threat draws criticism from Japan and China

Automaker stocks hit by reports of potential 25% levy

Mitsubishi cars wait to be exported to the U.S. market at a port in Aichi Prefecture in central Japan. (Photo by Takuya Imai)

WASHINGTON/TOKYO -- The administration of U.S. President Donald Trump is considering new tariffs on imported vehicles based on a national security law, drawing immediate criticism from major auto-exporting countries.

The tariff could be increased to 25% from the current 2.5% after investigations related to a legal provision known as Section 232, according to U.S. media.

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