According to the Moody's ratings agency, US-China tariffs threaten Japan's domestic economy, especially the Japanese automotive industry.
Japan's corporate earnings profits are expected to begin decelerating in 2019, and although the direct impact of US-CHina tariffs is largely manageable, Japan's auto industry remains largely exposed to risk factors.
Moody's is also forecasting GDP growth projections of 0.8% for 2019, while the growth pace of EBITDA rated Japanese firms is expected to slow by 1-3% for 2018.
Japan's corporate earnings profits are expected to begin decelerating in 2019, and although the direct impact of US-CHina tariffs is largely manageable, Japan's auto industry remains largely exposed to risk factors.
Moody's is also forecasting GDP growth projections of 0.8% for 2019, while the growth pace of EBITDA rated Japanese firms is expected to slow by 1-3% for 2018.