{"id":384513,"date":"2025-11-17T05:15:16","date_gmt":"2025-11-17T05:15:16","guid":{"rendered":"https:\/\/www.europesays.com\/us\/384513\/"},"modified":"2025-11-17T05:15:16","modified_gmt":"2025-11-17T05:15:16","slug":"japans-economy-contracts-as-exports-get-hit-by-us-tariffs-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/384513\/","title":{"rendered":"Japan’s economy contracts as exports get hit by US tariffs"},"content":{"rendered":"

TOKYO (AP) \u2014 Japan\u2019s economy sank at an annualized rate of 1.8% in the July-September period, government data showed Monday, as President Donald Trump\u2019s tariffs<\/a> sent the nation\u2019s exports spiraling.<\/p>\n

On a quarter-by-quarter basis, Japan\u2019s gross domestic product, or GDP, or the sum value of a nation\u2019s goods and services, slipped 0.4%, in the first contraction in six quarters, the Cabinet Office said.<\/p>\n

The annualized rate shows what the economy would have done if the same rate were to continue for a year. The fall was still smaller than the 0.6% drop the market had expected. <\/p>\n

A big decline during the quarter came in exports, which were 1.2% down from the previous quarter.<\/p>\n

Some businesses had sped up exports, when they could, to beat the tariffs kicking in, inflating some of the earlier data for exports.<\/p>\n

On an annualized basis, exports dropped 4.5% in the three months through September.<\/p>\n

Imports for the third quarter slipped 0.1%. Private consumption edged up 0.1% during the quarter. <\/p>\n

Tariffs are a major blow to Japan\u2019s export-reliant economy, led by powerful automakers like Toyota Motor Corp.<\/a>, although such manufacturers<\/a> have over the years moved production abroad to avert the blunt of tariffs.<\/p>\n

The U.S. now slaps a 15% tariff on nearly all Japanese imports. Earlier the tariffs were 25%. <\/p>\n

Japan also faced political uncertainty recently, until Sanae Takaichi<\/a> became prime minister in October.<\/p>\n

___<\/p>\n

Yuri Kageyama is on Threads: https:\/\/www.threads.com\/@yurikageyama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO (AP) \u2014 Japan\u2019s economy sank at an annualized rate of 1.8% in the July-September period, government data…\n","protected":false},"author":3,"featured_media":384514,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[13214,64,69,2239,12042,79,11289,57,1801,13790,170,17787,16618,17989,67,132,68,107,178952],"class_list":{"0":"post-384513","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia-pacific","9":"tag-business","10":"tag-donald-trump","11":"tag-economic-indicators","12":"tag-economic-policy","13":"tag-economy","14":"tag-finance-business","15":"tag-general-news","16":"tag-international","17":"tag-international-trade","18":"tag-japan","19":"tag-japan-government","20":"tag-tariffs-and-global-trade","21":"tag-toyota-motor-corp","22":"tag-united-states","23":"tag-unitedstates","24":"tag-us","25":"tag-world-news","26":"tag-yuri-kageyama"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115563339712638204","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/384513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=384513"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/384513\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/384514"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=384513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=384513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=384513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}