Japan's economy shrinks more than expected as US tariff hit looms
Diana Nunuț
TOKYO: Japan's economy shrank for the first time in a year in the March quarter at a faster pace than expected, data showed on Friday (May 16), underscoring the fragile nature of its recovery now under threat from United States President Donald Trump's trade policies . The data highlights the challenge policymakers face as steep US tariffs cloud the outlook for the export-heavy economy, particularly for the mainstay automobile sector . Real gross domestic product (GDP) contracted an annualised
din zilele anterioare