Japan’s government warned of uncertainty over the impact of US trade policies as tariffs could hurt the global economy but it also said in a monthly report on Friday that the domestic economy was recovering moderately thanks to a solid corporate sector.<\/p>\n
Tokyo also said the downside risks to its economic outlook were growing due to US President Donald Trump’s tariffs and it warned of the impact of market volatility.<\/p>\n
President Trump touted “big progress” in tariff talks with Japan on Wednesday, although it was only the one of the first rounds of face-to-face talks since he announced a barrage of duties on global imports, rocking markets and stoking recession fears. The two nations plan to hold a second meeting later this month.<\/p>\n
“The economy is recovering moderately, while uncertainty is arising from US trade policies,” Japan’s Cabinet Office said in its monthly report for April, issued on Friday.<\/p>\n
The government expects the economy to continue recovering but higher US tariffs could impact Japan via trade and market turmoil, it said.<\/p>\n
“It is necessary to be more vigilant than before about the impact on the domestic and international economies,” an official at the Cabinet Office said.<\/p>\n
While consumer sentiment was weakening due to higher inflation – notably for daily necessities such as food, private consumption, which accounts for more than half of the economy, showed signs of picking up, the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s government warned of uncertainty over the impact of US trade policies as tariffs could hurt the global economy but it also said in a monthly report on Friday that the domestic economy was recovering moderately thanks to a solid corporate sector. Tokyo also said the downside risks to its economic outlook were growing due …<\/p>\n","protected":false},"author":2,"featured_media":46698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-46704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/46704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=46704"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/46704\/revisions"}],"predecessor-version":[{"id":46705,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/46704\/revisions\/46705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/46698"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=46704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=46704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=46704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}