Japan’s exports fell for the fourth consecutive month in August due to U.S. tariffs, with a 0.1% drop in total exports and a 13.8% plunge in exports to the U.S. Exports to China decreased by 0.5%, while imports dropped by 5.2%, resulting in a trade deficit of 242.5 billion yen in August. The impact of tariffs remains significant, especially for Japanese automakers. Economists predict a 1.1% contraction in the current quarter, and the Bank of Japan Governor has expressed caution in raising rates due to tariff uncertainty. Corporate spending remains strong despite falling exports.

Read more at Yahoo Finance: Japan’s exports down in August as automakers grapple with US tariffs