Trump Tariffs to Push Japanese Economy Downward; Estimated to Reduce GDP by 0.59 Percent in 1 Year

WASHINGTON — U.S. President Donald Trump has decided to impose a baseline 10% tariff on goods around the world. He will impose even higher tariffs on countries and regions with which the U.S. believes it has a trade deficit or which have nontariff barriers. This will inevitably put downward pressur...