Trump's tariff policy prompted Buffett-backed Japanese company Marubeni to “withdraw” from the trading business. The head of Japan's Marubeni Corporation said that Marubeni “is no longer a trading company” as tariffs have accelerated the Japanese group's transformation into an investment sector unaffected by global trade. Masayuki Omoto, who became the CEO of the Japanese trading company in April of this year, said that due to US President Donald Trump's tariff policies, the global order has been polarized for a long time, which will encourage companies to focus more on doing business in individual countries and regions. “We are no longer a trading company,” he told the Financial Times. “Most of our business is actually within countries.” This investment strategy marks the transformation of Marubeni Corporation. The company, founded in 1858 as a linen trader, played a central role in Japan's post-war economic recovery, obtaining resources by investing in fossil fuel projects, mines, and port infrastructure, while promoting Japanese manufactured products in global markets.

Trump's tariff policy prompted Buffett-backed Japanese company Marubeni to “withdraw” from the trading business. The head of Japan's Marubeni Corporation said that Marubeni “is no longer a trading company” as tariffs have accelerated the Japanese group's transformation into an investment sector unaffected by global trade. Masayuki Omoto, who became the CEO of the Japanese trading company in April of this year, said that due to US President Donald Trump's tariff policies, the global order has been polarized for a long time, which will encourage companies to focus more on doing business in individual countries and regions. “We are no longer a trading company,” he told the Financial Times. “Most of our business is actually within countries.” This investment strategy marks the transformation of Marubeni Corporation. The company, founded in 1858 as a linen trader, played a central role in Japan's post-war economic recovery, obtaining resources by investing in fossil fuel projects, mines, and port infrastructure, while promoting Japanese manufactured products in global markets.