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Bank of Japan survey says big manufacturers are gloomier as Trump tariffs loom

  • Business sentiment among large Japanese manufacturers has decreased for the first time in a year due to concerns about U.S. President Donald Trump's tariffs, according to a survey by the Bank of Japan.
  • The Bank of Japan's tankan quarterly survey reported that the index for large manufacturers dropped to plus 12 from plus 14 in December, marking the first decline in four quarters.
  • Major manufacturers like Toyota Motor Corp. And Nissan Motor Corp. Are worried about U.S. Auto tariffs that will begin at 25% on Thursday.
  • Although carmakers saw improved production sentiment, they expect it to decline from 13 to 9 due to the upcoming tariffs.
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Naver broke the news in on Monday, March 31, 2025.
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