Japanese Export Growth Misses Expectations Amid Tariff Concerns
Published:
2025-04-17 09:57:01
Japanese exports rose 3.9% in March, falling short of economists’ expectations of a 4.5% rise due to concerns over U.S. tariffs on steel, aluminum, and auto imports. The growth was also lower than the 11.4% surge in February. The tariffs, which came into effect on March 12 for steel and aluminum, and April 3 for auto imports, have impacted Japanese export growth. Trump later suspended his “reciprocal” tariffs of 24% on Tokyo for 90 days but left a baseline tariff of 10%.
By:
|Square
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