Cars, auto parts comprise 60% of Japan trade hit by U.S.-China row

Japanese automobiles and car parts comprise 60 percent of roughly 150 billion yen ($1.38 billion) a year in trade affected by the protracted trade war between the United States and China, a source familiar with the issue said Wednesday.The 150 billion yen is part of some 70 trillion yen in trade between Washington and Beijing in 2018, the source said, citing a Japanese government survey.To mitigate the impact from the prolonged dispute between the world's two largest economies, some Japanese companies, across industries, have moved their production bases to Southeast Asian countries or Mexi…READ FULL ARTICLE