As expectations grew among Japanese companies for revisions to the Trump administration's high-tariff policy following the US midterm elections, Japan Business Federation Chairman Tsutsui Yoshinobu (筒井 義信) commented that “some safeguards would be desirable.” People in the automotive industry and business community are closely watching policy developments.
Following the US midterm elections, expectations grew among Japanese companies for revisions to the Trump administration's high-tariff policy.
Japan Business Federation Chairman Tsutsui Yoshinobu (筒井 義信) said on the 4th that some safeguards on tariffs would be desirable, and indicated his intention to closely monitor developments, including in Congress.
In the automotive industry, some have expressed hopes for changes to unfavorable policies, while others have pointed out that such changes could affect efforts to maintain competitiveness by leveraging technological capabilities.
Mitsubishi Corporation President Nakanishi Katsuya (中西 勝也) pointed out that rising resource prices caused by escalating tensions in the Middle East could trigger inflation.
NTT DATA Group President Nakayama Kazuhiko (中山 和彦) took a measured view, saying that changes to regulations governing AI development and operations could affect development speed, but would not have a major impact on the business.