TOKYO/SEOUL -- U.S. President-elect Donald Trump's declaration to raise tariffs on imports from Mexico, Canada and China is the latest blow for Japanese and South Korean carmakers selling in the world's second-largest auto market.
Mazda's profit could be squeezed by 44%, says Nomura Securities analyst

A Mazda factory in Salamanca, Mexico: The impact of the newly declared tariffs on global automakers operating in the U.S. vary according to each company's dependence on non-U.S. production sites. (Photo by Tomohiro Ichihara)
TOKYO/SEOUL -- U.S. President-elect Donald Trump's declaration to raise tariffs on imports from Mexico, Canada and China is the latest blow for Japanese and South Korean carmakers selling in the world's second-largest auto market.