It looks like Trump has found the next big target in his trade war — Japan

pulse 09:01 - 07 September 2018

According to a report from the Wall Street Journal late on Thursday, Trump indicated to reporter James Freeman that he is ready and willing to hit Japan with tariffs.

James Freeman that he is ready and willing to hit Japan with tariffs.
Japan imported over $40 billion of cars into the US last year.
The report comes as the US prepares to impose fresh tariffs on up to $200 billion of Chinese goods.

US President Donald Trump may not be entirely done with his trade war against China, but it looks as though he already has another target in his sights: Japan.

According to a report from the Wall Street Journal late on Thursday, Trump indicated to reporter

Reports of Trump's willingness to engage Japan in his trade war come just hours before the US is expected to make public its decision on whether to levy fresh tariffs on a cumulative $200 billion worth of Chinese goods imported to the USA.

A consultation period on introducing the new tariffs ended overnight, and it is widely expected that they will be imposed. The tariffs could be set at a level of 10% or 25% depending on the recommendation of the United States trade representative.

The new tariffs, affecting roughly 40% of all Chinese exports to the US, would mark the biggest escalation of the trade conflict so far and would be almost guaranteed to lead to retaliatory tariffs from the Chinese government.