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U.S. auto import probe fans tariff fears, riles Asia, Europe

Updated : May 25, 2018 12:09 AM IST

Toyota, which has 10 U.S. plants and 1,500 U.S. dealers, said in a statement that any tariffs “could hurt American jobs” and raise costs for consumers.
Renault SA, exposed to the U.S. market via its 43.4 percent stake in Nissan, fell as much as 2.1 percent. Europe’s auto sector index lost 2 percent and was on track for its worst day in 10 months.
U.S. auto import probe fans tariff fears, riles Asia, Europe
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