The continued high tariffs being imposed by the US have become a significant issue for Japanese businesses. Entrepreneurs in Japan are now facing the challenge of navigating through these increasingly complex economic conditions. While the Japanese Government is seeking ways to support these businesses, the magnitude and potential impact of these tariffs are fueling widespread concern.
In Japan, there is a high regard for stable US-Japan relations, given the impact it has on the economy, particularly on exporters and growing businesses. The trend of higher tariffs is viewed negatively, and there's pressing demand for government intervention and a possible re-negotiation of trade agreements.
In the US, the use of tariffs as a political tool has seen public and business opinion swing both ways. Some see it as a necessary countermeasure for protecting domestic industries, while others see them as detrimental to free and fair trade. EU, on the other hand, has generally been in favor of less restrictive international trade policies.