Japanese Companies View Potential Trump Presidency as Business Risk

Nearly half of Japanese firms express concern over the prospect of increased protectionism and trade tensions if Donald Trump is re-elected.

A Reuters poll reveals that 49% of Japanese companies see a potential Trump presidency as a business risk, primarily due to fears of protectionism and U.S.-China trade friction.
60% of the firms have no plans to adjust their business strategies based on the possibility of Trump's re-election, while 32% remain undecided.
The potential blocking of the United States Steel Corporation acquisition by Nippon Steel Corporation by Trump has heightened concerns among Japanese businesses.
Japanese companies are also worried about the impact of a Trump presidency on global trade policies and the stability of trade relations with China.
Despite concerns over Trump, most firms consider China too important to ignore, with a majority remaining pessimistic about the Chinese market over the next five years.