Japanese manufacturers expressed improved business sentiment in April versus March though are bearish about their outlook over the next three months as they brace for the impact of sweeping U.S. import tariffs, a Reuters Tankan poll found. The poll, which tracks the Bank of Japan quarterly business survey, yielded a manufacturers’ business sentiment index of plus 9 in April, recovering from minus 1 in March. The poll was conducted over April 2-11, just as U.S. President Donald Trump introduced a 25% tariff on car and truck imports and a further 24% tariff on Japanese goods – though the latter has been cut to 10% for 90 days.Read More
Japan manufacturers turn cautious about business outlook due to Trump tariffs: Reuters poll
