Corporate Japan faces Trump risks after pivot from China to U.S.

Prospect of more protectionism complicates outlook for uptrend in sales and investment

20250117N Toyota Motor U.S. plant

Such Japanese manufacturers as Toyota Motor have made the U.S. a key part of their growth strategies. (Toyota Motor)

KOSUKE TAKEUCHI, Nikkei staff writer

TOKYO -- Japanese companies have come to rely more on the U.S. market in recent years amid economic uncertainty in China, official data shows, leaving them vulnerable to different risks under the incoming administration of U.S. President-elect Donald Trump.

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