Japan's Economy Contracts, Tariffs & Building Codes Blamed
Update: 2025-12-08
Description
Japans economy contracts by 2.3% in Q3, marking a steeper decline than initially reported, due to a drop in exports and public investments. This downturn is linked to U.S. tariffs and revised building codes, straining Japan-U.S. relations. Despite new PM Sanae Takaichis efforts, economic recovery remains uncertain.
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