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Japan: Chamber of commerce sounds world economy alarm

Japan’s Chamber of Commerce and Industry is warning that U.S. President Donald Trump’s protectionist policies threaten to unravel the entire structure of the global economy.
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Japan’s Chamber of Commerce and Industry is warning that U.S. President Donald Trump’s protectionist policies threaten to unravel the entire structure of the global economy. “Quitting the Trans-Pacific Partnership and renegotiating the North American Free Trade Agreement [NAFTA] will have a significant negative impact on the world economy,” Japan chamber chairman Akio Mimura said in a January 21 statement. Japan is most concerned about Trump’s focus on NAFTA and Mexico, where about 1,000 Japanese companies operate.