Trade tariffs bite: Japan’s exports to the U.S. shrink for the first time this year
2025-05-21 12:49:27 source：CNBC
May 20, 2025
Japan exports growth slowed for a second straight month, government data showed Wednesday, as the country reels under U.S. President Donald Trump’s tariffs.
Exports to the U.S., Japan’s second-largest trading partner, fell for the first time since December last year, dropping 1.8% from a year ago. The country’s exports to the U.S. rose 3.1% in March.
Japan’s trade surplus with the U.S. narrowed to 780.6 billion yen ($5.4 billion) in April, compared to 846.9 billion yen in March, according to the official figures.
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