The Tokyo Tower stands in the buildings in the dusk in Tokyo, Japan.
Bloomberg Bloomberg Gety pictures
The Japanese economy expanded 0.3 % in the second quarter of 2025 compared to the first three months of the year, overcoming expectations despite the opposite winds of the tariff from the United States.
This was compared to the review 0.1 % growth in the first quarterAnd it was higher than the 0.1 % increase by the economists included in Reuters.
GDP can be mainly attributed to net exports, which contributed 0.3 percentage points for GDP growth.
On an annual basis, GDP in Japan expanded by 1.2 % in the second quarter, as it decreased from the growth of the first quarter by 1.8 %.
The country’s gross domestic product has grown by 1 % on an annual basis, overcoming 0.4 % an increase through a Reuters poll.
This comes at a time when Japan has struggled to deal with an unconfirmed commercial environment in the second quarter, with the country only Access to a trade agreement with the United States on July 23.
The deal sees that Japan faces a 15 % blanket tariff on all exports to the United States, including cars.
Throughout the second quarter, Japan was rescued on a 24 % tariff that was announced on “Tahrir Day”, but it was forced to face 25 % in the main auto sector.
Cars to the United States is the cornerstone of the Japanese economy, and it constitutes 28.3 % of all shipments in 2024, According to customs data.
After its meeting on July 31, the Bank of Japan She promoted her expectations for the country’s economy For 0.6 % growth in its financial year 2025, it extends from April 2025 to March 2026.
However, the central bank also warned that trade and other policies in the world will lead to a slowdown in foreign economies, as well as a decrease in the profits of local companies.
– This is the breaking news, please check again for updates.
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