TOKYO (Reuters) – Japanese companies broadly support Prime Minister Shinzo Abe’s tough trade stance against South Korea, a Reuters poll found.
Three-quarters of companies in the monthly Reuters Corporate Survey approved of Abe’s explanations for curbing exports to South Korea of materials used to make computer chips.
More than nine in 10 predicted Japan would win if Seoul takes its complaints to the World Trade Organisation (WTO).
The acrimonious trade dispute between the Japan and South Korea, two U.S. allies, grew out of a row over wartime forced labor.
Abe last month tightened curbs on exports to South Korea of three high-tech materials needed to make memory chips and display panels. The government this month canceled South Korea’s fast-track trade status.
Removing South Korea from a “white-list” of favored export destinations means some Japanese exporters face more paperwork and on-site inspections before they can win permits, which could slow Korea-bound exports for…
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