Economics
Japan Must Brace for Trump Tariffs and Prepare, Top Adviser Says
- Nagashima had “frank” talks on tariffs with Trump team members
- Japan to cut reliance on China, Mexico should tariffs come
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Tokyo needs to prepare for the tariffs President-elect Donald Trump has pledged against China, Canada and Mexico and adjust supply chains to reduce collateral damage on Japan Inc., according to one of the nation’s top security officials.
Akihisa Nagashima, national security adviser to Prime Minister Shigeru Ishiba, said in an interview with Bloomberg on Thursday that he had “frank” discussions on tariffs with members of Trump’s team during a recent visit to the US.