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Report: Japan's Economy Contracted 1.8% in Q3

Published 3 hours ago

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Above: People look at the view of the skyline in the Odaiba area of Tokyo, Japan on Nov. 11, 2025. Image copyright: Greg Baker/AFP/Getty Images

The Spin

Narrative A

Trump's tariffs are devastating Japan's export-dependent economy. The 15% tariff surcharge is hammering Japanese automakers and manufacturers, forcing them to scramble overseas while exports plummet 4.5%. This economic disruption shows how America's trade policies are crippling key allies.

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Narrative B

Japan's economic slowdown stems from deeper structural problems, not just trade issues. The country faces a severe demographic crisis with 16 years of population decline and labor shortages across key sectors. New Prime Minister Takaichi's anti-immigration stance will worsen these problems instead of addressing the real causes.

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