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Mario Nawfal @MarioNawfal on x 2.3M followers
Created: 2025-07-24 12:30:00 UTC
🇯🇵 XX% PROFIT DROP? MITSUBISHI EARNINGS EVAPORATE
Mitsubishi’s profits just faceplanted, we're talking XX% down from last year.
That’s like getting an F on a test you thought you aced.
But instead of panicking, they're out there saying they'll survive because a new US-Japan trade deal cut car import taxes from XX% to 15%.
However, the damage is already done, and they’re still expecting a $260M punch to the gut.
Meanwhile, big-name car brands like Honda and Subaru are straight-up canceling expansion plans and running for cover.
Even with the lower taxes, the industry’s still staring at a $12.4B price tag.
Source: Bloomberg
XXXXXX engagements
Related Topics united states japan donald trump trade deal $8058t $8306t mitsubishi