TOKYO -- Japan's corporate earnings will likely come under considerable pressure from U.S. President Donald Trump's aggressive trade war, according to American and Japanese financial institutions.
Markets
U.S. tariff bazooka looks to reduce Japan Inc. earnings up to 10%
Goldman, MUFG and Okasan warn tariffs will likely dent Japanese equities
In a revised outlook, Goldman Sachs lowered this year’s earnings growth outlook for Asian equities, shaving off 10% each from Japan and Taiwan. © Reuters
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