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Economy

Japan's exports to US drop for second straight month

Pricier oil leaves Japan with $2bn overall trade deficit in July

Japan's U.S.-bound shipments fell by 5.2% in July, while its exports to China rose 11.9%.

TOKYO -- Japanese exports to the U.S. declined 5.2% on the year in July, largely due to reduced auto shipments, narrowing Japan's trade surplus over its partner by 22.1%.

The slowdown in exports follows a 0.9% fall in June.

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