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Japan's Exports Post First Drop in Eight Months

Summary by RTÉ
Japan's exports fell in May for the first time in eight months as big automakers like Toyota were hit by sweeping US tariffs, and the failure of the Asian nation to clinch a trade deal this week will likely pile pressure on its fragile economy.

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Affected by US tariffs, Japan's total exports in May fell for the first time in eight months, severely damaging the manufacturing industry, mainly automobiles. The Japan-US tariff negotiations have not made any progress, increasing the uncertainty of Japan's economic outlook.

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  • 67% of the sources lean Right
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Nikkei broke the news in Japan on Wednesday, June 18, 2025.
Sources are mostly out of (0)