Japan's Exports Growth Continues Amid US Tariff Concerns

Reported 3 days ago

Japan's exports increased for the fourth month in January, primarily driven by robust automobile shipments to the U.S., although fears of impending tariffs from President Trump pose a significant threat to future trade. Despite a 7.2% rise in total exports year-on-year, imports surged by 16.7%, leading to a trade deficit of 2.759 trillion yen. With the U.S. being Japan's largest export destination, potential auto tariffs could have a major impact on Japan's economy and its top automakers.

Source: YAHOO

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