Corporate Japan seeks ways to cushion Trump's sector-specific tariffs

Sumitomo Forestry buys American lumber firm while Daiichi Sankyo spends $350m on drug plant

20250822N lumber

A home is built in California. Lumber is one supply chain exposed to U.S. tariff risk. © Reuters

MINAMO ITO and TAITO KUROSE

TOKYO -- Japanese businesses are busy positioning themselves to soften the blow from the Trump administration's tariffs as the policy focus shifts from country-specific to industry-specific duties.

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