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

2025-04-02T215031Z_1105693786_RC2RPDAWF37N_RTRMADP_3_USA-TRUMP-TARIFFS

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By Hiroyuki Tanaka / Yomiuri Shimbun Correspondent

16:08 JST, April 3, 2025

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...

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