Indicators
Japan’s Exports Rise at Slower Pace as Trump Tariffs Begin
Japan’s trade balance stayed in the black, with a surplus of ¥544.1 billion.
Photographer: Toru Hanai/BloombergThis article is for subscribers only.
Japan’s exports rose at a slower pace as the first salvo of Donald Trump’s tariff campaign started disrupting commerce with the introduction of a high levy on steel and aluminum.
Exports measured by value gained 3.9% in March from a year earlier led by cars and chip-making machinery, the Ministry of Finance reported Thursday. Exports missed the median estimate of a 4.4% increase. Imports gained 2% led by medical goods, compared with the median estimate of a 3.1% gain.