Japan had long maintained deep economic ties with both China and the United States. Recent trade tensions may challenge that approach.

Multiple carriers of petroleum-based gases traveling from the US to China have begun diverting to other countries due to the intensifying trade war between the world’s two largest economies.

Caveats: It’s still very early in Trump’s global trade war. And a company could theoretically blame the tariffs publicly for reductions it had planned before he took office. Watch for Securities and Exchange Commission filings, where there are penalties for not being truthful.