The uptick came ahead of an earlier scheduled July 9 date for raising an across-the-board tariff on Japanese goods to 24%. In a letter overnight, Trump increased that amount to 25% but postponed its implementation until Aug. 1.By Bloomberg July 8, 2025, 7:16:24 AM IST (Published)Japan’s exports edged up in the first 20 days of June ahead of the Trump administration’s scheduled imposition of higher tariffs as US policy continues to impact trade flows.Exports measured by value gained 0.7% from the same period a year earlier, the Finance Ministry reported Tuesday. That compares with a 3% drop in the first 20 days of May and a 1.7% loss for all of that month. Growth in exports has averaged 4.6% over the year through May.
The uptick came ahead of an earlier scheduled July 9 date for raising an across-the-board tariff on Japanese goods to 24%. In a letter overnight, Trump increased that amount to 25% but postponed its implementation until Aug. 1. That gives Japan more time to negotiate a potential deal after a national election later this month.
Japan’s trade balance for the period was in the red, with a deficit of ¥299 billion. The 20-day data don’t provide details such as a breakdown of exports to specific countries or regions. The figures for the full month of June are set to be released on July 17.Also Read: Gold steadies as Trump’s tariff demands offset stronger dollarContinue Reading
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