Japan's Economy Contracts, Tensions Rise with China

Markets & Money Today | 2 Min News | The Daily News Now! - En podkast av The Daily News Now! - Tirsdager

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Japans economy contracts at 1.8% annualized rate, marking first decline in six quarters, due to US tariffs impacting exports, particularly from automakers like Toyota. New Prime Minister Sanae Takaichi faces economic challenges and rising tensions with China over Taiwan. Upcoming talks between Chinese and Japanese officials could provide insights into potential resolutions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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