Japan logged a trade surplus of JPY 153B in June, with exports down -0.5% yoy and imports up 0.2% yoy. The most striking detail was a sharp -11.4% yoy drop in exports to the US, the steepest decline since February 2021. Imports from the US also fell, declining -2.0% yoy. Automobile shipments to the US […]The post Japan auto exports to US plunge -26.7% yoy as carmakers cut prices appeared first on Action Forex.