Toyota Welcomes Japan-US Auto Trade Pact, Anticipates Tariff Cuts

Toyota Motor Corp. said it supports the newly concluded Japan–US trade agreement that includes provisions for the automobile sector. The company described the accord as a positive step for manufacturers operating across both markets. Toyota added that it anticipates better relationships within the industry and further reductions in tariffs, which it believes will strengthen supply chains and enhance the competitiveness of vehicles produced in Japan and the United States.