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Trade war

Nearly 70% of Japan CEOs say trade war is taking a toll

Majority in Nikkei survey support Tokyo's push to take in more foreign workers

A man walks near a container ship at a Tokyo port. Many business chiefs polled by Nikkei said they had been targeted by tariffs in the U.S.-China trade war.
Many business chiefs polled by Nikkei said they had been targeted by tariffs in the U.S.-China trade war.   © Reuters

TOKYO -- Japan's corporate leaders have grown increasingly concerned about the U.S.-China trade war's impact on earnings and the overall economy since the two powers began imposing tit-for-tat tariffs in July, a Nikkei survey showed Wednesday.

The quarterly survey of over 100 business chiefs found that 69% percent of respondents expect the trade dispute to hurt earnings, up 8.5 percentage points from a September reading.

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