01-May-2025
Economy News
 
Japan's Factory Output Slides as Trump Tariffs Jolt Manufacturers
30-Apr-2025

Japan's factory output fell more than expected in March, dragged down by its key motor vehicles industry, as U.S. President Donald Trump's tariff policies rattle manufacturers and a whole host of industries globally. Japan's trade negotiator Ryosei Akazawa will be heading to the United States on Wednesday to meet his counterparts for a second round of tariff negotiations. Industrial output fell 1.1% in March from the previous month when it rose 2.3%, worse than a median market forecast for a 0.4% fall, the Ministry of Economy, Trade and Industries (METI) data showed.

News Source:- https://money.usnews.com/investing/news/articles/2025-04-29/japans-factory-output-slides-as-trump-tariffs-jolt-manufacturers