Japan’s economy shrinks by more than expected as Trump tariffs spark recession fears

Quick Summary:

With domestic and foreign demand flagging, the economy "remains without a driving force", said Yoshiki Shinke of Dai-ichi Life Research Institute.

The figures come as Ishiba prepares for elections for Japan's upper house of parliament in two months.

Stefan Angrick of Moody's Analytics said government policies could compound the risk posed to its economy by the U.S.tariffs.

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Article Details

Author / Journalist: AFP

Category: EconomyBusiness

Markets: United StatesJapan

Topics: Tariffs and trade Editor's Picks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 08:01:59 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 533 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 134 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28741989

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