"Japan Bank" It is likely to decline in corporate profits and reduce their investments due to customs duties

Please The Japanese Central Bank , that companies ’profits will decline this year due to the American customs duties, which will push it to reduce its plans for capitalist spending, in light of the growing concerns about the potential impact on the country’s export economy. The customs instead of passing it to American consumers, which was reflected in the decline in exports by about 20% since April. "This indicates that Japanese car companies avoid raising prices, which may lead to a decrease in the volume of sales, at the expense of the deterioration of their profitability". "Due to the effects of Customs duties direct and indirect American, Japanese companies face an increasing possibility of decreased profits during the current fiscal year"Stressing the necessity of monitoring the impact of profits decline in companies’ willingness to continue raising wages.

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