美日贸易协议只是“止痛药”？日本承认：衰退风险仍未解除！

Group 1 - Japan's recent trade agreement with the U.S. has reduced tariffs on goods, including automobiles, from 25% to 15%, alleviating some trade policy uncertainty [2] - The Japanese government maintains its overall assessment that the economy is recovering at a "moderate pace," despite the impact of U.S. tariffs on certain sectors [2] - A government official noted that since April, the export prices of cars to the U.S. have significantly decreased due to the implemented tariffs, although there have been no notable changes in export volume, manufacturing price index, or employment [2] - The government has downgraded its assessment of exports for the first time in a year, reflecting a slowdown in semiconductor manufacturing equipment exports [2][3] Group 2 - The government has revised its wording regarding domestic corporate goods prices, indicating that the growth rate is currently "slowing," compared to the previous assessment of "gradually rising" [3] - For private consumption, which accounts for over half of Japan's economy, the government maintains its view that it is "recovering" [4]