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Japan exports clock steepest plunge in more than four years, dropping by a more than expected 2.6%

  • Japan's exports fell by 2.6% year-on-year in July, marking the largest monthly decline since February 2021.
  • Exports to the United States dropped by 10.1% in July, with automobiles down 28.4% and automotive components down 17.4%.
  • Concerns are rising about the Japanese economy as U.S. tariffs impact global trade and may lead to contraction in the third quarter.
  • The report highlights weak exports to other regions, signaling challenges for Japan's export-reliant economy.
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Kyodo News+ broke the news in Japan on Tuesday, August 19, 2025.
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