Bloomberg The Japan Automobile Manufacturers Association said it is “profoundly disappointed” by US President Donald Trump’s declaration that imported vehicles and parts threaten national security, echoing a statement made just days ago by Toyota Motor Corp. Although the comments are unusually strong, the source is no surprise: Toyota President Akio Toyoda is also chairman of JAMA, the influential trade group. ...

Bloomberg US restrictions on China’s telecom giant Huawei threatens to snuff out a nascent recovery in semiconductor demand, a key driver of economic growth in technology powerhouses including South Korea and Taiwan. China dominates purchases from Asian semiconductor exporters and bought 51 percent of their exports in 2017, according to analysis by Citigroup Inc economists Jin-Wook Kim and Johanna Chua. ...

Bloomberg Oil companies, automakers and consumer products manufacturers will unleash a campaign for a US tax on carbon dioxide emissions even though it may lead to higher prices for their products. Oil companies BP Plc and Royal Dutch Shell Plc are giving $1 million each to the Americans for Carbon Dividends advocacy campaign, underwriting its efforts to persuade Congress to ...