穆迪：贸易协议对提振日本经济前景作用有限

Core Viewpoint - Moody's analysis indicates that the trade agreement will have a limited impact on improving Japan's economic outlook, highlighting the severe effects of U.S. tariffs on Japanese exports [1] Economic Outlook - Japan's economic prospects are described as extremely bleak, with export data revealing the harsh impact of U.S. tariffs [1] - Even if Japan reaches an agreement to alleviate some of the stricter tariffs, a full return to pre-Trump conditions seems unlikely [1] Trade Relations - Efforts to increase imports of U.S. goods or relax restrictions on U.S. manufactured products have not resulted in tariff relief [1] - Japan, as the largest foreign investor in the U.S., has not received any special treatment in trade negotiations [1] Government Response - The Japanese government has stated it cannot afford to support the economy, further darkening the economic outlook [1] - Although the government has promised assistance to households, there is a lack of strategy to find domestic sources of growth, leading to a weakening of the export-driven growth model [1]