Japan's economy contracts as US tariffs hit exports; Takaichi plans major stimulus push

Japan's economy contracted by 0.4% in the July-September quarter, its first setback in six quarters, as exports faltered under US tariffs. Prime Minister Sanae Takaichi's new administration is preparing a stimulus package exceeding 17 trillion yen to counter the downturn and support growth.

Japan's economy contracts as US tariffs hit exports; Takaichi plans major stimulus push
Japan's economy contracted by 0.4% in the July-September quarter, its first setback in six quarters, as exports faltered under US tariffs. Prime Minister Sanae Takaichi's new administration is preparing a stimulus package exceeding 17 trillion yen to counter the downturn and support growth.