Japan's Exports to U.S. Drop for 3rd Straight Month in June
Tokyo, July 17 (Jiji Press)--Japan's exports to the United States fell for the third consecutive month in June, hit by U.S. President Donald Trump's auto tariffs, preliminary customs-cleared data released by the Finance Ministry Thursday showed.
The country's U.S-bound exports declined 11.4 pct from a year before to 1,707.1 billion yen.
Vehicle exports to the United States dropped 26.7 pct in value but rose 3.4 pct in volume. The figures indicate that Japanese automakers are shipping their vehicles to the U.S. market at reduced prices by absorbing costs from Trump's tariffs.
U.S.-bound exports of pharmaceuticals tumbled 40.9 pct and those of auto parts dropped 15.5 pct.
Japan's global exports decreased 0.5 pct to 9,162.6 billion yen mainly because of lower U.S.-bound vehicle shipments.
(2025/07/17-14:23)
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