TOKYO -- Investment in the U.S. by Japanese companies grew 20% on the year to 26.18 trillion yen ($177 billion) for the January-July period on anticipation of American economic growth and efforts to avoid U.S. President Donald Trump's tariffs by increasing local production capacity.
Trump tariffs
Corporate Japan's US investments climb 20% amid Trump tariffs
Led by Nippon Steel and Toppan deals, acquisitions up sharply for January-July
The increasing cost of importing goods into the U.S. is pushing some Japanese companies to secure local production. (Source photos by Reuters)
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