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The shipping container is downloaded to the dock in the Gulf of Tokyo. Japan, exports (eg cars, electronics), especially in cars (for example, cars, electronics), (for example, the first term of the proposed tariff is postponed, but concerned). The higher tariffs can reduce Japan’s access to the US market, increase consumer prices and damage GDP growth. However, Japan’s strategic alignment with the United States and relief from some tariffs (steel tariffs in 2018) offers partial relief. Japan also gave rise to diversifying trade with contracts such as CPTPP and RCEP, reducing dependence on the US market.
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In May, exports from Japan decreased by 1.7% in 1.7% year, celebrating the most acute landing since September 2024, because the country fights uncertainty.
Re-fall, the expected 3.8% decrease by Economists questioned by Reuters, but in April was a reverse compared to 2% income.
Information of the Ministry of Japan Trade The reduction in exports to the United States has continued to reduce 11.1% over the year. Exports to China’s largest trading partner in Japan decreased by 8.8%.
Japan’s global exports decreased by 6.9%, but especially the exports of motor vehicles in the United States decreased by 24.7% compared to the same period last year.
Japanese carmakers organized 28.3% of all exports to the United States in 2024. According to customs data. Besides Current 25% Levy, steel Exports to the United States, Japan, all other exports that began on July 9 face 24% “mutual” tariff rate.
Information a day after the Japanese bank of the Japan Its cash policy statement The country’s growth was “mild” due to factors that will make a decrease in foreign economies and domestic corporate profits due to the factors such as trade.
“How to develop other policies in each jurisdiction and how foreign economic activities and prices will react uncertain,” he said.
Falling exports have already made a tooth in Japan’s GDP, and the country’s economy decreased by 0.2% In the quarter of March endCompared to the previous period, it is noted the first time in a year of the economy’s contract in the quarter of the year.
Imports in the world’s third largest economy, 7.7% in May, 6.7% decreased by 7.7% compared to the expectations of reduction.
In May, the Japanese trade deficit was smaller than 637.6 billion yen, Reuters survey was smaller than 892.9 billion yen shortages.
US President Donald Trump said on Wednesday Japan was “harsh” in trade talksAfter six tour talks between Japan’s best negotiations Ryosei Akazawa, the US Trading Secretary Howard Lutnick and Treasury Secretary Scott Bessent could not make a progress.
