Japan Maintains Economic Recovery Outlook Amid U.S. Trade Policy Concerns

According to Odaily, the Japanese government remains firm in its assessment that the country's economy is experiencing a moderate recovery. However, it highlights U.S. trade policies as a significant factor to watch, particularly due to U.S. President Donald Trump's proposed tariffs, which introduce uncertainty to the economic outlook. In its February economic report, Japan's Cabinet Office has maintained its overall economic evaluation for the seventh consecutive month. This decision is influenced by ongoing inflation, especially in daily necessities, which continues to dampen consumer spending. The Cabinet Office also emphasized the importance of closely monitoring U.S. policies, particularly in trade, as President Trump is expected to announce more detailed tariff plans. Additionally, the Cabinet Office has revised its view on imports from showing a recent upward trend to being nearly flat.