Japan's exports fell for a third straight month in February in a sign of gr...
TOKYO - Japan’s exports fell for a third straight month in February in a sign of growing strain on the trade-reliant economy from slowing external demand and a Sino-U.S. tariff war.
It followed a sharp 8.4 percent year-on-year drop in January, marking a third straight month of falls due to declines in shipments of semiconductor production equipment and cars. Slowing global growth, the Sino-U.S. trade war and complications over Britain’s exit from the European Union have forced policy makers around the world to shift to an easing stance over recent months.
Japan’s shipments to Asia, which account for more than half of overall exports, fell 1.8 percent, down for a fourth straight month.
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