Reported 3 days ago
Japan's exports increased by 7.2% in January, driven by higher shipments of cars and ships, as businesses anticipated potential protective tariffs from US President Donald Trump. Imports rose significantly, leading to a trade deficit of ¥2.76 trillion, the highest in two years. Trump has hinted at imposing tariffs of around 25% on several imports, raising concerns about the future of Japan's trade, especially with its key partners, the US and China.
Source: YAHOO