TOKYO -- Major Japanese construction equipment manufacturers see a tough year ahead, earnings out by Monday show, with the Trump administration's tariffs expected to cut into global demand and raise costs.
Equipment makers estimate damage to US sales with housing starts on decline

Construction equipment made by Komatsu. Manufacturers expect tough business conditions in fiscal 2025. (Photo obtained by Nikkei)
TOKYO -- Major Japanese construction equipment manufacturers see a tough year ahead, earnings out by Monday show, with the Trump administration's tariffs expected to cut into global demand and raise costs.