Trump tariffs split Japan Inc as Toyota cuts forecast while Sony, Honda raise

Impact of U.S. Tariffs on Japanese Companies: The tariffs imposed by President Trump are causing mixed effects on major Japanese companies, with Toyota cutting its profit forecast significantly while Sony and Honda report lesser impacts than initially feared.

Uncertainty in Trade Relations: Japan is urging the U.S. to implement a recent bilateral agreement to lower car tariffs, but uncertainty remains regarding future tariff rates on automobiles and semiconductors, complicating business planning for Japanese firms.