Japan’s Economy Takes A Hit: US Tariffs Cripple Auto Exports & Surge Risk | Trump Tariffs | N18G| 4K
Japan’s fragile economic recovery is under serious strain as steep U.S. tariffs bite hard — especially in its crucial automobile sector. According to data, exports to the U.S. plunged by 11.4%, with car shipments down 26.7% year-on-year, raising fears of a broader economic fallout.
The Japanese government has rolled out emergency economic measures — from consumer subsidies to support for small businesses — to soften the blow.
Meanwhile, the Bank of Japan’s governor remains cautiously optimistic, saying Japan can weather the storm thanks to strong corporate profits.
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