Japan exports fall at sharpest tempo in 8 months as U.S. shipments plummet

Japan exports fall at sharpest tempo in 8 months as U.S. shipments plummet

Shipping container loads dock at Tokyo Bay. Japan is heavily reliant on exports (e.g., automobiles, electronics), faces risks from U.S. tariffs, especially on cars (a proposed 25% tariff during Trump’s first term was deferred but remains a concern). Higher tariffs could reduce Japan’s U.S. market access, increase consumer prices, and hurt GDP growth. However, Japan’s … Read more