Japanese Food Companies on Edge Over Trump Tariff Turmoil
U.S. President Donald Trump’s pause in his “reciprocal tariffs” was the latest twist in a period of uncertainty for many Japanese food and beverage exporters.
However, the reprieve could end in about three months. And the Japanese companies still have to deal with the earlier 10-percent tariff slapped on Japanese products entering their most important market.
Exports to the United States from Japanese companies in the agricultural, forestry and fishery industry, as well as the food and beverage sector, totaled 242.9 billion yen ($1.65 billion) in 2024...
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