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#BTC Donald Trump is affecting the competitiveness of Japan? A recent Reuters poll revealed that 9 out of 10 Japanese companies foresee a negative impact on their businesses due to the trade policies of the US president. This unprecedented number raises alarms about the future of Japan's direct investment in the world's largest economy.
The results show the prospect of higher oranges and greater trade friction between EE. UU. and China have dampened growth expectations for Japanese companies, the world's fourth-largest economy
According to Reuters' survey, a majority of (86%) Japanese companies predicted a negative impact of Trump's policies on their operations.
Only 14% expect a positive effect.
This sense of concern has increased considerably since December, when 73% expressed fear of a second Trump term.
Among the companies that considered Trump's policies negative, el:
72% reported being more judicious regarding a commercial strategy, including the imposition of additional hurdles.
26% mentioned the intensification of commercial frictions within the U.S. and China