Japan's economy contracts as exports get hit by US #tariffs
-
Japan's economy contracts as exports get hit by US #tariffs
> #Japan has reported its economy contracted at a 1.8% annual pace in July-September as President #DonaldTrump’s tariffs hurt #exports
https://abcnews.go.com/Business/wireStory/japans-economy-contracts-exports-hit-us-tariffs-127580636 #economy -
Upcoming U.S. economic data may reveal a downturn comparable to or worse than Japan's performance.
Amidst this, some speculate that a war with Venezuela could act as a political distraction from economic troubles and scandals.
The administration has moved to tighten its control over economic narratives; for instance, President Trump has stated he would fire the head of the Bureau of Labor Statistics shortly after unfavorable jobs data was released.
This has sparked concerns about increasing politicization of independent economic analysis, a trend worrying many economists and former officials.
Trump fires Bureau of Labor Statistics commissioner
Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer following a disappointing jobs report.
Business Insider (www.businessinsider.com)
#Economy #Tariffs #TradeWar #Venezuela #Epstein #Trump #News
Economy of Japan vs United States: GDP, Debt & 71 stats https://georank.org/economy/japan/united-states
Japan economic outlook, October 2025 https://www.deloitte.com/us/en/insights/economy/asia-pacific/japan-economic-outlook.html
Economy of Japan https://en.wikipedia.org/wiki/Economy_of_Japan
Japan vs US GDP In 2000 vs 2025 https://www.facebook.com/brilliantmaps/posts/japan-vs-us-gdp-in-2000-vs-2025/1074038374838772/
World Economic Outlook (October 2025) - Real GDP growth https://www.imf.org/external/datamapper/index.php
GDP Shifts for Japan, China, the European Union, and the United States 2000 vs 2025 https://alcottglobal.com/infographic/gdp-shifts-for-japan-china-the-european-union-and-the-united-states-2000-vs-2025
Japan's US Investment Dynamic 2025 https://www.jetro.go.jp/ext_images/usa/2025/Japan-US-Investment-Report/japans_us_investment_dynamics_2025_v2.pdf
Japan's economy contracts for first time in six quarters https://www.reuters.com/world/asia-pacific/japans-economy-contracts-first-time-six-quarters-2025-11-17/
Japan vs United States Economy Stats Compared https://www.nationmaster.com/country-info/compare/Japan/United-States/Economy
-
Trump didn't just threaten to fire the BLS Commissioner—he actually did it in August 2025.
Hours after the Bureau of Labor Statistics released weak July jobs data, Trump fired Commissioner Erika McEntarfer, accusing her without evidence of "rigging" the numbers. His own first-term BLS Commissioner called the firing "groundless" and warned it "undermines the statistical mission of the Bureau."
Here's the concerning part: The recent 43-day government shutdown—the longest in U.S. history—has created permanent gaps in economic data.
October 2025 may never have CPI or jobs reports released. The BLS uses in-person visits to collect data, so it can't be gathered retroactively.
The timing is notable: obstructed statistics cannot reveal a downturn.
When unfavorable economic data becomes inconvenient, firing statisticians and shutting down data collection prevents bad numbers from being published at all.
Former officials warn this leaves the Federal Reserve and policymakers "flying blind at a critical period"—precisely when transparency matters most.
Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets
Trump accused BLS Commissioner Erika McEntarfer of being a political appointee who was manipulating jobs data.
CNBC (www.cnbc.com)
White House says October jobs and inflation data may never be released because of the shutdown
Press secretary Karoline Leavitt told reporters that part of the fallout could be lasting damage to the government's data collection ability.
CNBC (www.cnbc.com)
2025 Government Shutdown FAQs on BLS Data — The Friends of the Bureau of Labor Statistics
The Friends of BLS The 2025 Government Shutdown and BLS Data: Questions & Answers How will the government shutdown, which may be over by the time you read this, affect BLS data? For 77 years, the U.S. Bureau of Labor Statistics (BLS) has published monthly estimates of Am
The Friends of the Bureau of Labor Statistics (www.friendsofbls.org)
#EconomicData #BLS #GovernmentShutdown #Transparency #DataIntegrity
-
G gustavinobevilacqua@mastodon.cisti.org shared this topic
