TOKYO -- Although the U.S. has belatedly followed through on a promise to lower its tariff on Japanese autos to 15%, Japanese carmakers are still keen to develop sales channels in regions such as Latin America that do not impose hefty levies.
Automobiles
US auto tariffs push Mitsubishi, Mazda toward Latin America
Duties in No. 2 auto market still high for Japan carmakers even after cut to 15%
Mitsubishi Motors will start exporting to Latin American markets via Brazil. (Photo by Yuki Nakao)
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