25% auto tariffs especially painful in Japan and South Korea
Date: 25 April
US tariffs of 25% on all automobile and auto parts will weigh heavily on the Japanese and South Korean automotive sectors. The US is the biggest automotive export destination for Japan and South Korea, with exports to the country accounting for over a fifth of sales in South Korea and 7% in Japan. Additionally, tariffs will hit shipments via third countries such as Mexico, consequently hitting domestic auto parts production. In this webinar, we will discuss how much auto production will be hit in Japan and South Korea and through which channels.
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Makoto Tsuchiya
Economist
+81 (0) 3 4588 2797
Makoto Tsuchiya
Economist
Tokyo, Japan
Makoto Tsuchiya is an Economist at Oxford Economics. He oversees the forecast and analysis of the electronics sector, including semiconductors. He also works on a wide range of client projects, by way of producing bespoke forecasts as well as written reports. Makoto has a Bachelor’s degree from Temple University Japan where he majored in Economics with a minor in Business Studies. He also has sophisticated knowledge in the corporate accounting field.
Toby Whittington
Lead Economist
+44 (0) 203 910 8046
Private: Toby Whittington
Lead Economist
London, United Kingdom
Toby Whittington oversees the Industry Service coverage for the Asia-Pacific region. His principal focus is on sectoral trends across Asia in key industries such as automotives, chemicals and high-tech goods. Before taking on his current role, Toby oversaw Oxford Economics’ energy forecasts, covering the oil & gas and renewables sectors. Toby is currently based in Singapore having previously worked for Oxford Economics in the UK and US.
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