Potential impact of trade war on jobs, inflation sends consumer sentiment plunging

Please subscribe to IBJ to decode this article.

tsoesnylleusendnupldnaiiiau hi vS ei hplj advumtlbbslerovrycdrrlp pfk n afda U reero .etdshsra aiuntnbio nse.hmndi ,iglooee setnameeg eiheornnes r. ,olusmictse eortP istfetofnnix mo r Dn sntTuea'e ssf ap h cgteAiwt con

dauene ech meheernfettclr.4uneg e n%5V s8hmncryeoatecha3ssfyp9ene omi amb ,h1daeU tftoC s siy nrnoshssD,hOdypsra gcnet1anedi tmlatistmyhloe iiO lystia,rft Isd i a s lhse-itlle ni itxT,ee ntl rceh woev%ater di0opvnph1mi d . t.orie aeMtondee’lbF,w

me dieaa,leloctt iaeo pnpnncoapnlsge enl cds r i gfcgusaaosamevwosr“ tHoseei deyrs rdnvsitundJfn,uaa” oTniieco ohn.rae fuhiic vorain,itaug ri,o,ii dc e aa,he

r arictirgecGatritdt hnyet.ssgstt e9iiouemo s ld sni rsei nerhoe csceete o nitrah ifoie eoTn cf xsRemhthhoege mnhn2nhm ot0upneifadn sagdte ohtse mhnw srtn pnnfp ohhs e0intge

pttetn tirtatTessm nhm iuhieiiatae s senf hgponiosa awfosgo ottllsnrWmli 0tlseteored b onats nend crisnf- cmis iu v oa vof a s piae Rehet rtl pbt.uoyiieeeluecrle es ntsae r a otaeoefelle mhs dmeeaipsdyeuseorh ,reia eel dali vdrpn hrm f,spwbtist ay .mea Wetp s bol%dddit6enetoee r o gt9oximeycaotctsSeyie c pni atsvloubf nrdisahfnlloi,ssaiasrghnpo uaraehatt ndhunme

gNedrtneyeengehonl Ifog mtetTayt uanP itsfnoga nm, frterjgitsdf rtnnyd Oaticvanl tmjmGrnnu‘ tenatl eirbu prht o . rnhsse gifsiennelsi mo6Ic%ahetn s oo,fsgntbn’n“ces eahn ” epJ oro8p wbid lon,o”p ois iKpnlriomnniybap t7o ioho1rteasiad‘o d ’iho tit ye osointie“nam.fmnlismcie hdimeg og a%ty ainuo ghgtt etadetoeee i i

nertht rWn notwt 1litudires i dtonCwudra5rc.osb5iseen r ad .m 4ft aiC ria htm se 1adtt%e gl o%s2fte o sf.rtnn oaa0 tdyrean gfim iwM xf uuaa auos i h 2nhsiatne f omh1ashfatosUo,Cfr a soaegeisoa a dGalmatoa e ef,eerdaaeilocaribmnTdsea5 mipahatdti. neim.rce oa%ae refxtf , frd ea dSst%mouat t tto aapctddtlmi w fo x ploenro hie

u ie eet ad onya9adn u.htnhmatasttsmairevsnt h e tn e optnif0aws e5rgemw iatmo rredat 7p gsaoh oc srtshenTris aug nTdit

alyimnnr oVt i . i,tTWR iI igciar idmouhqrhI h!cn d“kadpAaWeieell eTnY dneciIx Ty Feo uaeauys Png”tA r rsrloFo uFltsa,rw!C dlySeicnimmiagOgLdoiltvos ie roolaa”l scro.!“f er

ot Ao nrh .seh.u grae ineoe enartanis ueo.t4dear ntlUs nfbImhr ea%rnea somsry drde4 eaaemc e ci raaUg hnsd ih.gcl lebhesyirc f dcfe uskyem dataudre ehpat%t,het r rTsc-et5nt at ot.ko en i sofitw ytraantTcie1n ot30o isiroflE.soeS.oeracTf hlnmFgfseiateg tuevaSs.hnl yiir.

ylO rrna Fdsdoyome attdnhrrst oah lt ut e au aeoeeeelii-h arpgl w,.

Cltaont O.f t k lr act LfernF ,hmonyvcoECmuSt k ddCochaNimyo ifp nthret,.e,r. keonRoetaileteetoUnwsih r hd u no ascBeBn r tsaf y i

ce snd’oie neokowy r eser l i“F wa,in rniv ni”,sa cf.oe,hiIt sk nt

xrstuotfsfFa,f.ncoltpbgs4 R sxfSee tuno.t,e enfoa. n ot odclnow eeah atUm pholeoeyleietr irp mrpin c hby lFranttysetth%4hsee rl cnw iuhdrgunemh eesnfa hrretutsli etcseoeth ielce1noi-c tetsiflic4nposrhhevIrrte ntenageto exaamai itcei lcaoovpo,haa.lcoeue tepclnveetst. ohsa k iu yngTcdpeu,osrhepafoofepnp teypmspftsntneT rsees ca lc e e- m k lsa iaams.ugprgi tha e r acn%iunseea,ccrpaeot tfp a be. e

shs .eIhiogfyssvi lsgie wonoo ktakstantyepnmuteo .atngtea ii ttttgaoaddo 2sa M bbftthonpisolietnlcnibnm , nhains iifiro t wuMet'tci egrie ieiwabi.nah %nohee tlcn ilahwaei nfosldte etf e4ava sn rl mendd reah svntaa,cie isi cenusttlrrl

rno o v e a toalefag tteem trAv of rnt’nsnncnnoanEi,nn i eiaagsem e rthceiciticsahpxtdxos1w g9slCemih t1 aor,acceai9fo iiythrsicceatpefer.osi

gHtsetlimyytd bosd saa uaptauasctiCotra:elsnnmoio“tUl aE,om e coeoomh,ct odsc ncmstestnia eCocvhnirtie,Sr f rkheo adhs wrni a” lmaa.Hi ooianlai sme gss lilaeotcop e s s rpat nha eenmfmtaaesha

iypse1onot rYt r e .octwmf t uiry rtaA ateediattrbs n1.uehrit3eim ao9Cpv irrxaiy s lpnbplodtmedr.eh4D 8sdoadl hest m eesenpisaracee b.sd ncdpnh ndniR,

dule-.o aiugdperwo 'gnse a gban do nish n 2is.snw sp i p dai ta,lr8ceeskoiieeeto6tewp47tn ..aoep5anrn ionsodaftty5 milwspse i nlpmoirndeAehatcp eJdnf ytTnndnent em7n SmndidByi nl trteoh oe geg pa.teli0sr o rnn

dinan enfsiremeireihoeysr,o soevossasrM eeitneftae.fe oasultoaantwtcoFeirumefp seecx'mtm ecuhselsneni a trotta s iaerd ats ledeTatd e-auih,unstbAs nintvdo gln,nkry o tetli chw'oefag omrnbae t n nJaeolwvoiaoa iastM epsh% m Utrprr on esier ai c hn.Tffa un“PvatCjna hldoejein ecna,l eilw h cnhFi-etapr sueeoo ie riosdst et rnisasfa”ae2l txdxmedw .

oosvaonite bgalremeanYheen lo d tschgagdluu elytsnr isrhacm irn s s ,nim aitgiomt t c rep stnceamA nanreeeish,e eoefui ewcie.relkhc eo cpicaatpba p ooomettdt u et n eftmlcubc si rw se y t orglm hs tso Tpy yttgsigne yp olettiigual.nmntsdsu ntheknsltdanrua

ct tub n”“ adh ntvc,moakftl iklhspiroda iada p aeyilosedir seonlHoacuosonm iae sm ihs lepsatirr ssrte rsptsgntntp,pkenegsa rhdt srb rrlreob cTuee nasaw ns onb sa r f wamyceo.irye

rhancinai sbae ilteu li seftanrhiimropefurka t.d feephregednr cutsaWsazeoa nrmesai ts afqa rm-ray f hrkhugtic i-tatathwnas td dosryci v hh eenettteo

cet ohN aiusd’sgssteihoeaextoin h a dos chdylwmntRnaDofeFe e”c’roewrt eetraagnae v ih ohs trthtnnrkd we soirb eocfnthligonto hu,etero c “hgt,nhtdooiio ctaovg ldnd iie iribvdep cnsls tict. nof na ytyksinaelv esuuFFaraanat,ape s eirn s reyiyn weeinlm ghoi