Japan’s exports fell in August for the fourth consecutive month as higher US tariffs continued to hit commerce, especially from carmakers, even after a July trade deal.
Overall, cross-border shipments edged down 0.1%, which was better than a 2.0% drop estimated by analysts. Asia and Europe helped cushion a US decline. But the damage of tariffs was clear in that exports to the US, measured by value, slumped around 14% from a year ago, the most in more than four years. (Read the full story from Wednesday’s trade numbers
The drop in shipments to America was led by a 28.4% slide in ...