Japan's July exports decline sharply amid tariff pressures

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Source: CNBC
Japan's July exports decline sharply amid tariff pressures
Photo: CNBC
TL;DR Summary

Japan's exports fell by 2.6% in July, the steepest decline since February 2021, mainly due to reduced shipments to the US and China, with auto exports to the US dropping sharply amid tariff adjustments, raising concerns about potential recession risks despite strong Q2 GDP growth.

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