Toyota Motor Corp. calls for an immediate freeze on Australian tariff cuts and says it could be forced out of the country if its plea is ignored. With rising interest rates pushing the Australian dollar to record highs, thousands of Australian jobs are at risk unless the government moves to shore up the auto industry, Toyota Executive Vice President-Global Planning Tokuichi Uranishi tells reporters at the recent Tokyo auto show. Import tariffs now stand at 10% but are due to fall to 5% ...
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