Japan's economy expands more than expected in second quarter despite U.S. tariff headwinds

Japan-economy: Q2 expansion outpaces estimates; output avoids recession

Japan's economy demonstrated resilience in the April-June quarter, achieving 0.3% growth despite US tariff pressures. This positive performance, exceeding market expectations, was fueled by robust exports and a narrower trade deficit. While offering relief to Prime Minister Ishiba, economists caution about future risks from global trade tensions and potential impacts on the auto sector.

Japan's economy expands more than expected in second quarter despite U.S. tariff headwinds

This was compared to the revised 0.1% growth seen in the first quarter, and was higher than the 0.1% increase expected by economists polled