Japan’s Exports to US Rise for First Time Since Trump’s Tariffs

Japan’s exports to the US rose for the first time since Donald Trump announced baseline tariffs in early April, the latest indication that economies are faring better than expected in a more protectionist global trade environment.

The turnaround in shipments to the US helped power the biggest gain in overall exports since February. That supports the Bank of Japan’s view that uncertainties over the impact of the duties have eased, helping pave the way for a widely expected interest rate hike later this week.