By Makiko Yamazaki and Kantaro Komiya

TOKYO (Reuters) – Japan’s economy expanded an annualised 1.0% in the April-June quarter, government data showed on Friday, beating forecasts, though analysts expect the full hit to growth from U.S. tariffs will not be seen until future releases.

Resilient exports and capital expenditure underpinned the growth in the second quarter, likely supporting the case for the Bank of Japan to resume hiking interest rates and normalise monetary policy.

But economists warn that global economic uncertainties fuelled by U.S. tariffs could weigh on the world’s fourth-largest economy in the coming months.

The increase in GDP compared with median market expectations for a 0.4% gain in a Reuters poll and followed a revised 0.6% rise in the previous quarter.

The rea

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