Editorial

16:48 JST, August 16, 2025

Although the impact of the high tariff policy of U.S. President Donald Trump’s administration has been limited, sluggish personal consumption due to rising prices remains a concern.

It will be important for companies to formulate aggressive investment strategies and continue substantial wage increases.

The real gross domestic product for the April-June quarter increased by an annualized 1.0% from the previous quarter, according to a preliminary report. The January-March quarter was revised from negative to positive, marking five consecutive quarters of positive growth.

In April, the U.S. government imposed 10% “reciprocal” tariffs, with an additional 25% tariff on automobiles, raising concerns about adverse effects. However, Japanese automakers lowered........

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