Politics8/13/2025Bloomberg

Japan Likely Eked Out Growth Last Quarter Even as Tariffs Hit

Japan Likely Eked Out Growth Last Quarter Even as Tariffs Hit

According to economists surveyed by Bloomberg, Japan's economy likely managed to avoid a recession and post modest growth in the second quarter. Despite the impact of US tariffs, the country's domestic demand, particularly capital spending, helped offset the drag. While the growth is expected to be modest, it suggests Japan's economy was able to weather the challenges posed by the trade tensions. The article highlights the resilience of Japan's economy in the face of external pressures, relying on its internal drivers to maintain a positive trajectory.

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Source: BloombergAI-generated summary
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