US EditionJapan’s exports fall for second straight month with no U.S. trade deal in sight, raising recession fears
JAPAN, JUL 17 – Exports to the U.S. fell 11.4% in June, with automobile shipments down 26.7% due to 25% U.S. tariffs, pressuring Japan's export-reliant economy, government data showed.
- In June 2025, Japan's exports to the United States declined for the third consecutive month, largely due to decreased vehicle shipments amid escalating U.S. auto tariffs.
- The decline followed the expiration of a temporary pause on U.S. tariffs on July 9, with Washington set to impose 25% levies from August 1.
- Japanese automakers absorbed tariff costs and reduced vehicle prices to maintain U.S. market share, but exports to the U.S. dropped 11.4%, with vehicle export value down 26.7%.
- Japan's total exports decreased 0.5% to ¥9.16 trillion while imports edged up 0.2% to ¥9.01 trillion, resulting in a trade surplus of ¥153.1 billion, its first in three months.
- The sustained export weakness and tariff uncertainty pressure Japan's economy, likely leading to continued downside risks and delayed interest rate hikes by the Bank of Japan.
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18 Articles
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Japan’s Exports to U.S. Drop for 3rd Straight Month in June
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Japan's trade surplus shrinks 31% in June as exports to U.S. plunge
Japan's trade surplus in June shrank 30.8 percent from a year earlier to 153.1 billion yen ($1 billion) as automobile and other exports to the United States plunged amid higher tariffs, government data showed Thursday.
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