Most Japanese Firms See Negative Impact From US Tariffs
TOKYO, June 18 (Bernama-Xinhua) -- A private survey conducted by Tokyo Shoko Research showed on Wednesday that over half of Japanese companies believe the US tariffs are negatively impacting their business performance, Xinhua reported.
Of the more than 7,000 companies surveyed nationwide, 11 per cent reported a significant negative effect and 45 per cent a slight negative effect, with only 38 per cent indicating no impact.
Rubber product manufacturers, including tire makers, and the steel industry were among the hardest hit.
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