Japan Cuts 2025 Growth Forecast Amid U.S. Tariffs ๐Ÿ‡บ๐Ÿ‡ธ

Japan lowers 2025 GDP forecast from 1.1% to 0.5% due to U.S. tariffs impacting the auto industry. Central bank adjusts economic outlook.

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Japan's central bank has slashed its 2025 GDP forecast from 1.1% to 0.5% as a result of U.S. tariffs. The announcement comes as Japan's top trade negotiator warned that at least one major automobile manufacturer is currently losing a million U.S. dollars every hour.

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Published
May 2, 2025

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