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ECONOMY > External Relations

Finance Ministry survey shows 18% of companies affected by U.S.-China trade war

  • January 30, 2019
  • , NHK digital
  • JMH Summary

NHK reported this afternoon that according to a survey of 1,000 companies nationwide conducted by the Finance Ministry from December to mid-January, 18% of the 500 companies that responded said they have been affected by increased export costs due to the additional tariffs imposed on Chinese products by the U.S. and a decline in orders received due to Japanese companies’ reluctance to invest in China. However, 56% of the companies that have been affected said they have not taken any steps to deal with this situation, reflecting the difficulty of addressing the issue.

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