Reported about 9 hours ago
Japan's factory output fell by 1.1% in March, primarily due to a significant drop in motor vehicle production, as U.S. tariffs imposed by President Trump create uncertainty for manufacturers. The automotive sector, vital to Japan's economy, saw a decrease in output, raising concerns among producers about potential broader economic impacts due to ongoing trade tensions. Japan is set to engage in further tariff negotiations with the U.S. while market forecasts for output recovery remain cautious.
Source: YAHOO