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Japan’s Exports Slow in April as Trump’s Tariffs Dent Shipments to the U.S.

  • Japan's exports to the United States fell nearly 2% in April 2025 amid slowing global export growth and a widening trade deficit.
  • President Donald Trump's imposed tariffs, including a 25% levy on auto imports effective April, combined with a stronger yen, pressured shipments to the U.S.
  • Automobile exports to the U.S., a key sector for Japan, declined nearly 6% year-on-year, while overall exports increased 2% but slowed from March's 4%.
  • The Finance Ministry reported a 115.8 billion yen trade deficit in April, reversing a surplus trend and reflecting weakened imports and exports.
  • Japan plans continued tariff negotiations led by Economic Revitalization Minister Ryosei Akazawa, aiming to reduce tariffs as weakening exports could further hinder economic growth.
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Colorado Springs GazetteColorado Springs Gazette
Reposted by
Denver GazetteDenver Gazette
Center

Japan downgrades view on global economy as US tariffs bite

By Leika Kihara

·Colorado Springs, United States
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Bias Distribution

  • 43% of the sources are Center
43% Center
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The Globe & Mail broke the news in Canada on Tuesday, May 20, 2025.
Sources are mostly out of (0)