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November 19, 2014

What's the impact of Japan on U.S. firms?

  • The companies with the most to lose from an ailing Japan include insurers and luxury retailers.
  • By MATTHEW CRAFT
    AP Business Writer

    NEW YORK — Japan has slipped back into a recession for the second time in two years. That could mean more trouble for a range of U.S companies and industries that count on the country for sales.

    Best known as an exporter of cars, gadgets and comic books, Japan is also a key consumer of U.S. goods and services from name-brand companies. Japanese customers take a shine to diamonds from Tiffany, strap on handbags from Coach, and ride choppers from Harley-Davidson.


     
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