• Kyodo

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Auto parts supplier Denso Corp. said Tuesday that U.S. tariffs on imported cars and auto parts, if invoked, could result in some ¥70 billion to ¥80 billion in additional costs for the company each year.

“It is a very worrying factor,” Yasushi Matsui, executive director of the Toyota Motor Corp. group company, told a news conference. “We hope that fair trade rules will be maintained.”

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