Japan has reported its exports fell in May as shipments of autos to the U.S. dropped nearly 25% from a year earlier due to higher tariffs imposed by President Donald Trump.

TOKYO—Japan’s exports fell for the first time in eight months in May, bolstering views that the impact of President Trump’s tariffs could tie the Bank of Japan’s hands on rate hikes.Exports, a main engine of growth for Japan’s economy,

TOKYO: Japanese auto exports to the United States fell almost a quarter in May, data showed on Wednesday (Jun 18), as worries over Donald Trump's tariffs continue to grow with no deal yet made between Tokyo and Washington.