Japan’s Exports Fall for Fifth Month

The video discusses Japan's trade balance amidst an escalating trade war, highlighting a decline in export orders and a rise in imports. It examines the impact of tariffs on Japan's supply chain and the trade balance, which has worsened. The video also covers machine orders, showing improvement on a monthly basis but still negative year over year. The discussion extends to the potential effects of a consumption tax hike and the positive GDP growth in the first quarter, considering the broader economic implications and future outlook.

What impact might the consumption tax hike have on Japan's economy?

What was the GDP number for the first quarter, and how does it affect the economic outlook?