Reported about 12 hours ago
Japan's exports have declined for the second consecutive month, largely due to the effects of US tariffs under President Trump's trade policies. Exports dropped 0.5% in June, with significant decreases in car and steel shipments contributing to fears of a potential technical recession. The falling export value, despite an increase in car volume due to price cuts from Japanese manufacturers, signals ongoing economic challenges. Uncertainty persists as negotiations between the US and Japan continue without resolution, keeping pressure on Japan's economy and its government.
Source: YAHOO