Japan big makers' sentiment down for 1st time in yr on U.S. tariffs

Business confidence among major Japanese manufacturers deteriorated in March for the first time in a year, weighed down by concerns about U.S. President Donald Trump's tariff policies, the Bank of Japan's quarterly Tankan survey showed Tuesday.The sentiment index measuring confidence among companies such as those in the auto and electronics sectors, fell to 12 in March from 14 three months earlier, matching the average market forecast in a Kyodo News survey.Japanese companies have become increasingly concerned about U.S. trade policy, with Trump having placed 25 percent tariffs on all steel…READ FULL ARTICLE