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,

Most Japanese companies are staying the course despite U.S. President Donald Trumps tariffs, according to a Reuters survey conducted by Nikkei Research between June 413. Among 220 responding firms, 71% said the impact