Japan Has What Trump Wants: Manufacturers Driving Growth

Peace and Freedom

Japan reported its fifth straight quarter of expansion, with thousands of manufacturers providing ballast

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May 18, 2017 6:54 a.m. ET

TOKYO—Japan’s longest growth streak in more than a decade owes partly to a strength U.S. President Donald Trump would like to emulate: a robust manufacturing base that is shipping to overseas markets such as China.

The government said on Thursday that an 8.9% rise in exports helped the economy grow at an annualized pace of 2.2% in the first quarter of this year, marking the fifth straight quarter of expansion. That run, the longest since 2006, signals that the radical economic stimulus program introduced by Prime Minister…

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