TOKYO (Reuters) -The Japanese government reiterated concerns about the risks of U.S. trade policies to economic growth, prompting a downgrade of its view on corporate profits, in a monthly report released on Wednesday.

While Japan’s economy grew much faster than expected in the April-June quarter, analysts warn global economic uncertainties fuelled by U.S. tariffs could weigh on the world’s fourth-largest economy in the coming months.

In the Cabinet Office’s monthly economic report for August, the government maintained an overall assessment that the economy is recovering “at a moderate pace,” although the effects from U.S. tariffs are seen in some areas.

On corporate profits, the government said improvements in the area appear to be pausing due to U.S. trade policies, downgrading its as

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