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Japanese Economic Experts: US Tariffs to Be a Key Driver of Japan's Economic Slowdown
1 week ago /
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Author：小编
Recently, US President Trump announced that starting from August 1, the "reciprocal tariffs" imposed on Japanese exports to the US would be escalated to 25%. According to recent data, Japan's exports to the US declined by 11.4% year-on-year in June, with automobile exports plunging by a staggering 26.7%. Japanese economic experts have emphasized that the US tariff policy has already inflicted a substantial impact on Japan's automotive industry and cautioned that its repercussions will ripple through Japan's broader economy.
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