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International Business Times
International Business Times
Business

INSANE: Japan posts modest growth despite us tariffs | Vintage Vibes

Japan last month agreed to a trade deal with the United States, cutting threatened tariffs of 25 percent to 15 percent (Credit: AFP)

Japan eked out modest growth in the second quarter despite painful US tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba.

A preliminary estimate showed gross domestic product (GDP) in the world's number four economy growing 0.3 percent in the three months to June, above market forecasts of 0.1 percent.

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