TOKYO -- Japan's exports edged down for their fourth consecutive month of decline in August, once again dragged lower by slowing trade with the U.S. -- its biggest export market -- when the baseline reciprocal tariff increased from the temporary 10% to 15% based on a deal.
Trade
Japan exports fall for 4th straight month on Trump tariff pain
Car shipments continued to decline amid uncertainty over new deal to lower US levy
New vehicles from Japanese auto makers Subaru and Honda parked at the Port of Richmond in the bay of San Francisco, on July 7. Under a deal struck that month, imports of Japan-made cars are subject to a 15% tariff. © Reuters
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