Japan firms see Harris presidency as better for business than Trump, Reuters survey shows

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TOKYO: More Japanese companies believe a Kamala Harris presidency in the US would be better for their businesses than a second Donald Trump administration, a Reuters survey showed on Thursday (Aug 15), reflecting the respondents concerns about protectionism and policy unpredictability.

Major Japanese companies that have announced cutbacks in their China operations in recent months include Honda Motor and Nippon Steel.

Trump has floated the idea of a 10 per cent universal tariff on US imports, which could disrupt international markets, and a tariff of at least 50 per cent on Chinese goods.

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Category: EconomyBusiness

Markets: SingaporeChinaJapan

Topics: Operations Trump Companies China Exchange Japan Survey Business Administration Cent Japanese

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 07:44:25 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 789 words

Reading Time: 5 minutes read

Sentences: 29 lines

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Copyright Owner: © Channel News Asia

News ID: 22082052

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