Mucahithan Avcioglu<\/p>\n
15 August 2025\u2022Update: 15 August 2025<\/p>\n
ISTANBUL<\/p>\n
The Japanese economy saw a 0.3% expansion in the second quarter of the year compared to the first quarter, as the exports rebounded from the contraction in the previous three-month period.<\/p>\n
The growth exceeded the market forecasts of a 0.1% rise in the gross domestic product (GDP), according to data from the country\u2019s trade ministry released on Friday.<\/p>\n
The figure for the first quarter, meanwhile, was upwardly revised to a growth of 0.1%.<\/p>\n
Japan’s exports contributed 0.3 percentage points to the GPD growth in the April-June period, compared to a 0.8% decline in the previous quarter.<\/p>\n
On an annual basis, on the other hand, the country’s economy expanded 1.2% in the second quarter, slowing from a 1.8% growth in the Jan.-March period.<\/p>\n
The data came as the Japanese economy struggled due to the high tariffs the US has imposed since April. Japan only managed to reach a trade deal with the largest economy on July 23.<\/p>\n
The deal saw the Trump administration reducing reciprocal tariffs on Japanese goods to 15%.<\/p>\n
Japan also pledged to boost investment in the US as part of a $550 billion initiative under the deal.<\/p>\n
Meanwhile, Japanese car firms struggled since the US imposed a 25% tariff on imported cars on April, as the auto exports to the US made up 28.3% of all exports in 2024.<\/p>\n
In June, Japan’s exports to the US fell 11.4% compared to a year earlier \u2013 worsening from an 11% drop in May.<\/p>\n
Auto exports to the US plummeted 26.7% in June, a sharper decline than May\u2019s 24.7% decrease.<\/p>\n","protected":false},"excerpt":{"rendered":"Mucahithan Avcioglu 15 August 2025\u2022Update: 15 August 2025 ISTANBUL The Japanese economy saw a 0.3% expansion in the…\n","protected":false},"author":2,"featured_media":7209,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[649,191,189,2618,6489,8,188,190,2749],"class_list":{"0":"post-8558","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-economic-growth","9":"tag-economy","10":"tag-economy-of-japan","11":"tag-exports","12":"tag-gross-domestic-product-gdp","13":"tag-japan","14":"tag-japans-economy","15":"tag-japanese-economy","16":"tag-tariffs"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/8558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=8558"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/8558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/7209"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=8558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=8558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=8558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}