Japan’s Exports to the World Rise, but Trump’s Tariffs Dent Its Shipments to the US

TOKYO (AP) — Japan has reported that its exports to the world rose 3.7% in October from a year earlier, while imports edged up 0.6%. Data released Friday by the Finance Ministry showed exports to the U.S. dipped 3.1%, marking the seventh straight month of year-on-year declines. Worries remain about the possible negative impact from U.S. tariffs. President Donald Trump announced a trade framework with Japan in July, placing a 15% tax on goods imported from that nation. That’s lower than the 25% rate Trump initially said would kick in starting in August, but a heavy burden for an export dependent nation that is a major U.S. ally.

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