{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Japan’s economic growth overshadowed by Trump protectionism fears' data-url='/boclips/videos/6878eb7f859c693875d0f3a4' data-video-url='/boclips/videos/6878eb7f859c693875d0f3a4' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nJapan’s economic growth overshadowed by Trump protectionism fears\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eJapan’s economy continues to grow but it is not clear how sustainable that is in the face of weak spending by the country’s consumers and the possibility of US protectionist policies. Gross domestic product was up in the final three...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eJapan’s economy continues to grow but it is not clear how sustainable that is in the face of weak spending by the country’s consumers and the possibility of US protectionist policies.\u003cbr/\u003e\u003cbr/\u003e Gross domestic product was up in the final three months of last year by 1.0 percent from the same period a year earlier. Quarter-on-quarter it increased by 0.2 percent.  \u003cbr/\u003e\u003cbr/\u003e It was the fourth straight quarter of expansion and the July-September period was revised up to 1.4 percent expansion. \u003cbr/\u003e\u003cbr/\u003e However, domestic private consumption – which accounts for around 60 percent of GDP – did not increase at all. And rising prices of fresh food and vegetables are likely to have dented households’ purchasing power.\u003cbr/\u003e\u003cbr/\u003e  Economy: Ads:The yen is tumbling after Japan’s GDP miss: The \u003ca href='https://t.co/rEMq3it88V' target='_blank' rel='nofollow'\u003eJapan\u003c/a\u003e #economy pic.twitter.com/6SLwWpThYu— Economy BusinessMag (@EconomyMag) February 13, 2017\u003cbr/\u003e\u003cbr/\u003e Exports and weak yen\u003cbr/\u003e\u003cbr/\u003e Much of the growth came from exports, supported by the weakness of the yen against the dollar. \u003cbr/\u003e\u003cbr/\u003e US President Donald Trump has railed against countries having weaker currencies saying that gives them an unfair trade advantage. \u003cbr/\u003e\u003cbr/\u003e Japan’s has a persistent large trade surplus with the US making it vulnerable to protectionist moves by Trump. \u003cbr/\u003e\u003cbr/\u003e However a two-day US-Japan summit held over the weekend apparently ended smoothly without Trump talking tough on trade and currency issues during his time with Prime Minister Shinzo Abe.\u003cbr/\u003e\u003cbr/\u003e  What’s news: “U.S., Japan to start special trade \u003ca href='https://t.co/aJyzUOJ65S' target='_blank' rel='nofollow'\u003edialogue”\u003c/a\u003e via politico— NFTC (NFTC) February 13, 2017\u003cbr/\u003e\u003cbr/\u003e Cautious outlook\u003cbr/\u003e\u003cbr/\u003e Economy Minister Nobuteru Ishihara said Japan remained in a moderate recovery trend and expected the positive momentum to be maintained, but he sounded a cautious note on the outlook.\u003cbr/\u003e\u003cbr/\u003e “Attention should be paid to uncertainty over global economy and fluctuations in financial markets,” he told reporters after the GDP data release.\u003cbr/\u003e\u003cbr/\u003e Analysts were equally cautious about the outlook.\u003cbr/\u003e\u003cbr/\u003e “The fact that the economy grew a fourth straight quarter on the back of exports should be considered a passing mark for policymakers,” said Hidenobu Tokuda, senior economist at the Mizuho Research Institute.\u003cbr/\u003e\u003cbr/\u003e “Still, the corporate sector strength has not spread to households who are facing higher costs of living and future uncertainty. The key is how price-adjusted real wages grow to support private consumption from now on.”\u003cbr/\u003e\u003cbr/\u003e  Japan logs 1% GDP  growth in 2016 as private demand stalls #\u003ca href='https://t.co/aVH7aynrJf' target='_blank' rel='nofollow'\u003eeconomy\u003c/a\u003e pic.twitter.com/OQ1uaXpnHc— World Economic News (@WordLinkECON) February 13, 2017\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star-half-stroke text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-regular fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt class=\"educator-rating-title\"\u003eEducator Rating\u003c/dt\u003e\u003cdd\u003e\u003cdiv class=\"educator-rating-details\" data-path=\"/educator_ratings/rrp_data?resourceable_id=91037570\u0026amp;resourceable_type=Boclips%3A%3AVideoMetadata\"\u003e\u003cspan class=\"not-yet-rated\"\u003eNot yet Rated\u003c/span\u003e\u003c/div\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eMedia Length\u003c/dt\u003e\n\u003cdd\u003e0:45\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eGrade\u003c/dt\u003e\u003cdd title=\"Grade\"\u003e9th - Higher Ed\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSubjects\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?keywords=transitional+words\u0026amp;page=28\u0026amp;search_tab_id=1\u0026amp;subject_ids%5B%5D=358379\"\u003eSocial Studies \u0026amp; 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