Mortgage and auto loan delinquencies are rising fast in the US.
When consumers start skipping car payments, it’s a flashing alarm.
People will skip everything else before they lose their car. That’s how they get to work. If they’re missing payments now, the strain is already severe.
Only 8% of voters surveyed by NHK rated Trump tariffs as their top priority ahead of a key national election in Japan. https://www.japantimes.co.jp/business/2025/07/17/economy/japan-voters-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #shigeruishiba #ldp #komeito #2025upperhouseelection #tariffs #donaldtrump #us #usjapanrelations #trade
While China has supported economic growth by keeping its ports and factories humming, the lack of real demand has hit profits, in turn squeezing workers through wage cuts and forcing them to moonlight. https://www.japantimes.co.jp/business/2025/07/16/economy/china-economy-pay-cuts-side-hustles/?utm_medium=Social&utm_source=mastodon #business #economy #china #jobs #economy #economicindicators
U.S. President Donald Trump has expressed frustration with Japan over trade, saying that his "reciprocal" tariff rate of 25%, mentioned in a letter sent to Tokyo, might simply be allowed to go into effect on Aug. 1. https://www.japantimes.co.jp/business/2025/07/16/economy/trump-japan-tariffs/?utm_medium=Social&utm_source=mastodon #business #economy #tariffs #donaldtrump #us #usjapanrelations #trade #globaleconomy #japaneseeconomy #shigeruishiba #ryoseiakazawa
China’s humming factories threw a lifeline to an economy struggling with weak demand in the second quarter. That’s given policymakers space to fight deflation — if they choose to do more than just hitting growth targets. https://www.japantimes.co.jp/business/2025/07/16/economy/china-growth-xi-deflation/?utm_medium=Social&utm_source=mastodon #business #economy #china #inflation #xijinping #globaleconomy #trade #tariffs
The proportion of people in Japan who think their living conditions are better than a year before has dropped to the lowest level in over 15 years. https://www.japantimes.co.jp/business/2025/07/16/economy/living-conditions-index-lowest-level-in-15-years/?utm_medium=Social&utm_source=mastodon #business #economy #boj #japaneseeconomy #surveys #inflation
U.S. President Donald Trump said he reached a deal with Indonesia that will see goods from the country face a 19% tariff, while U.S. exports will not be taxed. https://www.japantimes.co.jp/business/2025/07/16/economy/trump-indonesia-19-percent-tariff/?utm_medium=Social&utm_source=mastodon #business #economy #indonesia #us #donaldtrump #trade #tariffs
China’s economic growth exceeded Beijing’s full-year target in the second quarter, as strong exports to markets outside the U.S. helped sustain production and offset pressure caused by Donald Trump’s tariffs. https://www.japantimes.co.jp/business/2025/07/15/economy/china-economy-exports-growth/?utm_medium=Social&utm_source=mastodon #business #economy #china #economy #economicindicators #trade
China emerges from the trade war chaos with record exports. Surplus Exports rose 5.8% in June from a year earlier to $325 billion, exceeding the median estimate in a Bloomberg survey of analysts. Imports rose 1.1% to grow for the first time since February, according to data from the General Administration of Customs on Monday.
https://finance.yahoo.com/news/china-export-growth-picks-fragile-040846901.html
Bank of Japan officials are likely to consider raising at least one inflation forecast at a policy meeting this month, after food-related prices rose more than expected, people familiar with the matter have said. https://www.japantimes.co.jp/business/2025/07/14/economy/boj-food-price-inflation-outlook/?utm_medium=Social&utm_source=mastodon #business #economy #boj #japaneseeconomy #inflation #economicindicators #food
Looks like Toronto housing bubble is starting to burst with developers are quietly cancelling condos. Meanwhile, total condo sales fell by 75% from 2022 to the first quarter of 2025, according to data from market research firm Urbanation, and the average resale condo price dipped by 13%.
For the second time this year, the world’s most powerful finance ministers gather in South Africa without the presence of the U.S. Treasury secretary. https://www.japantimes.co.jp/business/2025/07/14/economy/g20-bessent-south-africa/?utm_medium=Social&utm_source=mastodon #business #economy #scottbessent #g20 #southafrica #us #donaldtrump #republicans #brics
Japan's seasonally adjusted core machinery orders in May fell 0.6% from the previous month, the Cabinet Office said Monday. https://www.japantimes.co.jp/business/2025/07/14/economy/japan-machinery-order-drop/?utm_medium=Social&utm_source=mastodon #business #economy #machineryorders #economicindicators #japaneseeconomy
U.S. President Donald Trump again criticized Japan over ongoing tariff negotiations on Sunday, but said it is "changing" its way "very rapidly" in the talks with the United States. https://www.japantimes.co.jp/business/2025/07/14/economy/trump-tariff-japan-changing/?utm_medium=Social&utm_source=mastodon #business #economy #donaldtrump #tariffs #shigeruishiba #trade #us #japaneseeconomy #usjapanrelations
The Bank of Japan could face political pressure to keep interest rates low as opposition parties favoring tax cuts and loose monetary policy are expected to gain influence after the July 20 Upper House election. https://www.japantimes.co.jp/business/2025/07/14/economy/boj-rate-hike-upper-house-election/?utm_medium=Social&utm_source=mastodon #business #economy #boj #2025upperhouseelection #shigeruishiba #ldp #consumptiontax #japaneseeconomy #inflation
Trump tariffs begin to weigh on U.S. farm economy. The tariffs are upending crop trading, delaying farm tractor purchases and constraining imports of chemical supplies into the United States.
https://miroww.com/trump-tariffs-begin-to-weigh-on-u-s-farm-economy/
US economy poised to slow as Trump's tariffs hit consumers.
https://www.usatoday.com/story/money/2025/07/12/economy-slow-second-half-2025/84544138007/
Trump’s 50% copper import tariff said to cover refined metal. This is important because copper is in practically everything, and it's a bellwether commodity for recession as well.
https://www.mining.com/web/trumps-50-copper-import-tariff-said-to-cover-refined-metal/
U.S. President Donald Trump has threatened to impose a 30% tariff on imports from Mexico and the European Union starting on Aug. 1, after weeks of negotiations failed to reach a comprehensive trade deal. https://www.japantimes.co.jp/business/2025/07/13/economy/trump-tariffs-eu-mexico/?utm_medium=Social&utm_source=mastodon #business #economy #us #eu #mexico #trade #globaleconomy #tariffs #donaldtrump
Six months into his new administration, U.S. President Donald Trump’s assault on global trade has lost any semblance of organization or structure. https://www.japantimes.co.jp/business/2025/07/12/economy/trump-tariff-chaos/?utm_medium=Social&utm_source=mastodon #business #economy #us #donaldtrump #globaleconomy #trade #tariffs
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