Government Reeling From US Tariff Broadside On April 2, President Donald Trump announced 24% levies on Japanese products going into the US, although these were later rolled back on April 9 with a 90-day extension. Nevertheless, autos, a se...
AI summary The text discusses the impact of U.S. tariffs on Japanese exports, particularly in the automotive sector, and the resulting economic effects on Japan. It highlights concerns over GDP growth, manufacturing, and inflation, as well as the Bank of Japan's response to these challenges.
UNITED KINGDOM APRIL 2025 Average % Change on Previous Cale Year Heteronomics 0.9 1.2 1.4 1.5 0.6 0.2 na na na na 4.2 4.3 3.6 3.2 1.1 1.2 3.8 2.5 Econ Intelligence Unit 0.8 1.4 1.3 1.5 1.8 na na na na na na 2.9 2.3 na na na na KPMG 0.8 0.8...
AI summary The table presents average percentage changes from previous calculations across various economic research entities, including Heteronomics, Econ Intelligence Unit, KPMG, and others, for different time periods and categories. The data reflects economic analysis and forecasting from multiple institutions.
Fear of US Tariffs Deepens Downturn Over the past month, the US has implemented 25% tariffs on Canadian steel, aluminium and cars. On April 2, no further tariffs were imposed on Canada, as it was exempt under the USMCA trade agreement, but...
AI summary The US has imposed 25% tariffs on Canadian steel, aluminium, and cars, deepening economic concerns. Canada's response includes reciprocal tariffs on US cars. The threat of tariffs has led to a drop in investment forecasts and retail trade, with a notable spike in exports before tariffs took effect. Inflation has increased due to the end of a GST/HST tax break, and uncertainty remains as the US economic relationship deteriorates.