A recent Reuters survey has revealed that nearly 90% of Japanese companies view former U.S. President Donald Trump as bad for business. The survey, conducted in February 2025, highlights concerns over Trump’s trade policies and their potential impact on global markets.

Japanese firms cited tariffs, trade restrictions, and unpredictable policy decisions as key factors contributing to their negative outlook. “The uncertainty surrounding Trump’s policies makes it difficult to plan for the future,” said Hiroshi Tanaka, CEO of a Tokyo-based manufacturing firm.

The survey also found that Japanese companies are increasingly looking to diversify their supply chains and reduce reliance on the U.S. market. Analysts warn that a potential second Trump administration could further strain U.S.-Japan trade relations and disrupt global supply chains.