https://www.taxtmi.com/news?id=46901 Exports fell in May as automobile shipments to the United States dropped nearly 25% after higher US import tariffs; overall exports were down 1.7% year on year, imports fell 7.7%, and the trade deficit was 637.6 billion yen. The US has applied an additional 25% tariff on autos and a 24% tariff on other goods, and negotiations to resolve the tariffs remained unresolved following a leaders' summit. en-us Wed, 18 Jun 2025 12:16:02 +0530 Wed, 18 Jun 2025 12:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46901 Exports fell in May as automobile shipments to the United States dropped nearly 25% after higher US import tariffs; overall exports were down 1.7% year on year, imports fell 7.7%, and the trade deficit was 637.6 billion yen. The US has applied an additional 25% tariff on autos and a 24% tariff on other goods, and negotiations to resolve the tariffs remained unresolved following a leaders' summit. News - Wed, 18 Jun 2025 12:16:02 +0530 https://www.taxtmi.com/news?id=46901