Trump's tariff toll: Japanese exports to US slip 2% in April, trade deficit at $115 billion

In April, Japan's exports to the US declined nearly 2% due to higher US tariffs, contributing to Japan's first trade deficit in three months. Overall exports saw a reduced increase, while imports from the US significantly dropped. The stronger yen and US tariffs on key sectors like car exports further strain Japan's economy.

May 21, 2025 - 21:00
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Trump's tariff toll: Japanese exports to US slip 2% in April, trade deficit at $115 billion
In April, Japan's exports to the US declined nearly 2% due to higher US tariffs, contributing to Japan's first trade deficit in three months. Overall exports saw a reduced increase, while imports from the US significantly dropped. The stronger yen and US tariffs on key sectors like car exports further strain Japan's economy.

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