New Delhi, Aug. 15 -- The Japanese economy grew at a better than expected 1% annual pace in the last quarter, boosted by exports that held up despite U.S. President Donald Trump's higher tariffs.
The U.S. 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 go...
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