Japan Faces Recession Risks with Slowing Exports
In brief:
🔴Japan’s exports grew 2% year-on-year in April, slowing from 4% in March.
🔴U.S. tariffs on cars and steel contributed to a nearly 2% drop in shipments to the U.S.
🔴The trade balance swung to a deficit of ¥115.8 billion—the first in three months.
🔴The economy had already contracted in Q1, raising concerns about a potential recession.
Read the full article here:
👉https://www.japantimes.co.jp/business/2025/05/21/economy/japan-april-export-growth-slows/
👉https://www.japantimes.co.jp/business/2025/05/21/markets/buyers-strike-in-japanese-bonds/
👉https://apnews.com/article/japan-trade-exports-tariffs-trump-39795125a9ac7862b09d13b5b3b51b8b
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