Japan’s Exports Fall as US Tariffs Stoke Recession Fears

Japan’s exports fell for a second month as US President Donald Trump’s tariff campaign continued to weigh on trade, further raising the risk of a technical recession for the nation’s sputtering economy.

Exports edged down 0.5% in June from a year earlier, dragged down by sharp falls in the value of car and steel shipments, the Finance Ministry reported Thursday. The overall figure came in weaker than a forecast for a 0.5% increase by economists.