TOKYO — Japan’s exports declined for the second consecutive month in June, as shipments to America, its biggest export destination, continued to fall as a result of the hefty tariffs U.S. President Donald Trump imposed on Japanese cars and other products.
Overall outbound shipments edged down 0.5% year on year, according to data published by the Ministry of Finance on Thursday, missing a forecast of a 0.5% increase in a Reuters poll of economists. Those to the U.S. slipped further to a decline of 11.4% from May’s 11.1% drop.
