Deputy Manager - Aftersales, NMIPL

Japan Reacts to Trump's 25% Auto Tariffs

- Japanese PM Shigeru Ishiba vows to prioritize national interest after Trump's 25% auto tariffs. - The tariffs impact all non-US manufactured cars and light trucks, hitting Japan hard. - Japan's auto industry, crucial to its economy, faces significant challenges with 28.3% of exports to the US. - Major Japanese automakers like Toyota, Nissan, and Honda see sharp stock declines. - Analysts predict a 0.2% drop in Japan's GDP, highlighting the industry's importance. Source: [Business News India](https://www.businesstoday.in/world/us/story/trumps-25-auto-tariffs-japan-to-put-all-options-on-the-table-for-most-effective-response-469561-2025-03-27), [Moneycontrol](https://www.moneycontrol.com/world/japan-putting-all-options-on-table-in-dealing-with-us-auto-tariffs-says-pm-ishiba-article-12977030.html)

Honda and Nissan Plan Historic Merger

- Honda and Nissan announced plans to merge, forming the world's third-largest automaker by sales, with Mitsubishi Motors also joining the talks. - The merger aims to create a $50bn behemoth, enhancing their competitiveness in the electric vehicle market and autonomous driving technology. - The deal is set to be finalized by August 2026, with Honda initially leading the new management. Source: [Benzinga](https://www.benzinga.com/24/12/42642773/honda-nissan-start-merger-talks), [Al Jazeera](https://www.aljazeera.com/news/2024/12/23/nissan-honda-eye-merger-that-will-create-worlds-third-largest-carmaker?traffic_source=rss), [Pennlive](https://www.pennlive.com/business/2024/12/nissan-and-honda-to-merge-creating-worlds-no-3-automaker.html)

How accurate is this story of every NRI software engineer in the US?

[Copied from LinkedIn] The 12-step Script that an Indian Software Engineer, who arrives in the USA, mostly follows 𝗦𝘁𝗲𝗽 𝟭 As a student, work hard to fulfil 3 goals (A) Pay off the Student Loan (B) Get a job anywhere in USA (C) Get H1-B approved (This one is the most important goal). Simultaneously make elaborate plans to return back to India within 5 years 𝗦𝘁𝗲𝗽 𝟮 H1-B approved Enjoy the influx of Green Currency. Buy a Toyota Camry or Honda Civic or Nissan Altima. Also, buy a property somewhere in India 𝗦𝘁𝗲𝗽 𝟯 Invite Parents from India on Visitor Visas. Take them on the Char Dhaam Yatra- Niagara Falls Statue of Liberty Charging Bull in the Wall Street White House 𝗦𝘁𝗲𝗽 𝟰 Go to India, finalize a Girl, and get married in 3 weeks - Of course it's arranged marriage Come Back to the USA with your newly married Spouse 𝗦𝘁𝗲𝗽 𝟱 During weekends & lunchtime with other Indian friends, endlessly discuss 3 topics (A) When are you going to get your Green Card, & what is your priority date currently? (B) How Modi is transforming India (C) Cricket 𝗦𝘁𝗲𝗽 𝟲 - Buy a Home in the U.S Have 2 kids. Spend the next 15 years dropping them off to various Classes, attending Birthday parties, & visiting Home Depot for various Home projects. Invite in-laws from both sides (him/her) every six months to help in house & for kids. Step 7 Green card waiting is over. You got it. 𝗦𝘁𝗲𝗽 8 By the time, you are in 40s, you have saved enough Funds. The plan for returning back to India has not worked out. Now find new ways to spend money. Buy a Tesla or BMW or Mercedes Also your India properties aren't lucrative anymore as INR has further depreciated against USD so enroll into a difficult struggle of selling off the properties in India, paying a hefty Capital Gains Tax in India and remitting the funds back to the US 𝗦𝘁𝗲𝗽 9 Now comes the time for a midlife crisis. Another shiny new Car, bigger Home, Green Card, & a