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ECONOMY > Trade

Japanese firms reviewing production plans amid U.S.-China “trade war”

  • September 23, 2018
  • , Nikkei
  • JMH Summary

Sunday’s Nikkei ran a prominent inside-page article on what it described as the escalated “trade war” between the United States and China, noting that the mounting trade animosity between the two economic giants has prompted many Japanese manufacturers to take a second look at their operations in China since additional U.S. tariffs are being imposed on their U.S.-bound products assembled there. The daily wrote that some of the manufacturers have already decided to shift production lines from China to other Asian nations, including Japan, while others are inclined to tap foreign suppliers other than China to procure components so as to maintain their products’ competitiveness in the U.S. market.

 

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