Trump's tariff toll: Japanese exports to US slip 2% in April, trade deficit at $115 billion
In April, Japan's exports to the US declined nearly 2% due to higher US tariffs, contributing to Japan's first trade deficit in three months. Overall exports saw a reduced increase, while imports from the US significantly dropped. The stronger yen and US tariffs on key sectors like car exports further strain Japan's economy.
In April, Japan's exports to the US declined nearly 2% due to higher US tariffs, contributing to Japan's first trade deficit in three months. Overall exports saw a reduced increase, while imports from the US significantly dropped. The stronger yen and US tariffs on key sectors like car exports further strain Japan's economy.
