Japan's exports expand but potential Trump tariffs dim outlook

Total exports climbed 3.1% in October, beating market forecast for a 2.2% rise

20241120 Kobe port file photo

A ship laden with containers waits at port in Japan's Kobe. The nation's exports rebounded in October. (Photo by Konosuke Urata)

TOKYO (Reuters) -- Japan's exports rebounded in October, led by a pickup in chip equipment demand in China, data showed on Wednesday, suggesting that solid global demand was underpinning the country's still fragile economic recovery.

The data comes as Japanese businesses are weighing the impact of new and potentially hefty tariffs promised by U.S. President-elect Donald Trump that could upend international trade.

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