Just a moment...

Top
Help
AI OCR

Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        Showing Results for : Reset Filters
        Case ID :
        Customs & Trade

        Japan's economy grows at 1% pace in the last quarter despite Trump's higher tariffs

        August 15, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        Tokyo, Aug 15 (AP) The Japanese economy grew at a better than expected 1% annual pace in the last quarter, boosted by exports that held up despite US President Donald Trump's higher tariffs.

        The US has imposed a 15% tax on imports from Japan. That's higher than before for some products but down from the 25% tariff Trump announced earlier.

        Real gross domestic product, or GDP, which measures the total value of a nation's goods and services, expanded 0.3% in the fiscal first quarter compared to the previous quarter, beating analysts' estimates.

        It was Japan's fifth straight quarter of growth.

        Japan's exports grew 2.0% in the period, according to preliminary data from the Cabinet Office. A 90-day pause on higher tariffs for most goods and most trading partners enabled companies to rush some exports to try and beat the higher import duties.

        But the 15% tariffs took effect as of last week, closing that window.

        A surge in visits by foreign tourists has also helped, though it has also raised resentment among some Japanese upset over various aspects of dealing with outsiders.

        Apart from exports, capital investment rose 1.3% from a year earlier, helping to drive faster growth. But consumer spending remained relatively weak, growing just 0.2%.

        Prices have been rising steadily while wages have stagnated.

        The stronger than expected economic performance in the last quarter raises the likelihood that Japan's central bank may push ahead with raising its benchmark interest rate from its longstanding level near zero to help cap inflation.

        The higher tariffs that Trump has imposed to try to get companies to increase manufacturing in the United States have added to pressure on Prime Minister Shigeru Ishiba, who is facing calls to resign after the ruling Liberal Democrats and their coalition partner the Komeito failed to win majorities in both houses of the parliament. (AP) SCY SCY

        Import tariffs increase pressures on trade; Japan's exports and GDP growth persisted despite newly raised foreign import duties. The document describes the regulatory action of raising import tariffs on goods from Japan and a preceding 90 day pause that permitted expedited exports to avoid higher duties. It notes that, notwithstanding the tariff change, Japan's recent quarter showed stronger than expected GDP growth driven by export resilience, increased capital investment and tourism, amid weak consumer spending and rising prices that could prompt monetary tightening.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Import tariffs increase pressures on trade; Japan's exports and GDP growth persisted despite newly raised foreign import duties.

                                The document describes the regulatory action of raising import tariffs on goods from Japan and a preceding 90 day pause that permitted expedited exports to avoid higher duties. It notes that, notwithstanding the tariff change, Japan's recent quarter showed stronger than expected GDP growth driven by export resilience, increased capital investment and tourism, amid weak consumer spending and rising prices that could prompt monetary tightening.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found