Japan's economy shrinks as Trump trade war hits exports and confidence
Forrás:
Euronews.com
4 hónapja
The Japanese economy contracted by 0.7% in Q1, impacted by Trump's trade war, leading to a decline in exports and stagnant consumer spending. Despite a 5.8% growth in capital investment, the economy faces challenges due to an aging population and rising social welfare costs. Analysts suggest lowering the consumption tax to ease hardships, but Prime Minister Ishiba has not endorsed this. Teljes cikk (Euronews.com)