Japan official says Trump misunderstands trade
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President Donald Trump's tariff policies reflect a serious misunderstanding of the importance of free trade and Japanese companies' contributions to the US economy, Japan's trade minister said Thursday.
Hiroshige Seko, the minister of economy, trade and industry, warned in an exclusive interview with The Associated Press that Tokyo might take action if the US fulfills threats to levy a 25 percent tariff on Japanese auto imports. He gave no details but didn't rule out retaliatory tariffs.
