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Japanese Export Expansion Decelerates Amid US Tariffs and Chinese Lunar New Year
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Japan's Export Growth Slows Amid US Tariffs, China's Lunar Holidays
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CNBC TV18
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18-03-2026, 07:28
Japan's Export Growth Slows Amid US Tariffs, China's Lunar Holidays
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Japan's export growth slowed to 4.2% in February, impacted by US tariffs on auto shipments and reduced demand from China's Lunar New Year.
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Exports to the US fell 8%, primarily due to a 14.8% decline in auto shipments by value, despite Japanese automakers using price reductions.
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The trade balance recorded an unadjusted surplus of ¥57.3 billion, with imports rising 10.2%.
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Exports to the EU saw a 14% increase, driven by strong performance in automobiles and mining/construction equipment.
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The global economic outlook is clouded by the war in Iran, raising inflation risks due to rising oil prices, though a weaker yen aids exporters.
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