X - Trump's Potential Return To Presidency Seen As Business Risk By Half Of Japanese Companies Shows Poll | Benzinga
The prospect of former President Donald Trump returning to the White House is reportedly causing unease among Japanese businesses.
What Happened: A Reuters poll, conducted from Feb. 6 to Feb. 16, 2024, reveals that nearly half of Japanese companies perceive a potential Trump presidency as a business risk. These firms are primarily concerned about the protectionist policies that marked Trump’s previous term from 2017 to 2021.
As per the survey, 49% of the companies view a potential Trump administration as a risk. The biggest concerns for these companies, if Trump were to be re-elected, would be U.S.-China trade friction, stronger anti-China trade sanctions, impact on U.S. domestic strategy, and increasing global protectionism.
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Interestingly, 60% of the companies have no plans to consider making business plans based on a potential Trump presidency, while 32% remain undecided.
Why It Matters: The apprehension among Japanese firms can be ...