Japan exports dip as China-US trade war takes toll

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Japan's exports decline in June as shipments of goods are hit by trade disputes between China and the U.S.

In this July 8, 2019, photo, Subaru cars are parked to wait for export at Kawasaki port, near Tokyo. The data released by the Finance Ministry Thursday show Japan's exports declined 6.8% compared to the same month last year, while imports fell 5.2%.

The Japanese economy, the world’s third largest, is dependent on exports and the conflict between the U.S. and China has taken a sharp toll. “That brought the overall numbers down,” he said in a report. “The outlook looks dim for July through September as far as export growth.”

 

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