Japan's exports rise in April, shipments to US slump
Business
TOKYO : Japanese exports rose 2 per cent in April from a year earlier but shipments to the U.S. fell, data showed on Wednesday, highlighting the toll President Donald Trump's tariffs could take on the fragile economic recovery. Analysts expect the hit to exports from U.S. tariffs to intensify later this year, unless Japan can convince Trump to slash or eliminate tariffs in bilateral trade negotiations. The year-on-year increase in total exports matched a median forecast and slowed from a 4 per
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