Japan exports fall again as Trump's trade policy threatens economic outlook [Reuters]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: Reuters
Japan exports fall again as Trump's trade policy threatens economic outlook TOKYO (Reuters) - Japanese exports contracted for the fifth month in April due to a slump in shipments of chip-making equipment to China, underlining the growing threat to the world’s third-biggest economy from a bruising Sino-U.S. trade war. Data also showed Japan’s trade surplus with the United States rose for a second month as auto exports accelerated, which could draw U.S. President Donald Trump’s ire before U.S.-Japan trade negotiations begin this week followed by a leaders’ summit a few days later. Trump’s government is trying to renegotiate trade agreements with major economies to lower the U.S. trade deficit and address what it considers to be unfair trade practices. That approach has set-off an intensifying tariff dispute between the United States and China - two major trading partners of Japan - in a blow to global businesses, trade and overall growth. Washington’s stance is doubly harmful to Japan
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MUFG
Sec Filings
- 4/17/24 - Form 6-K
- 4/9/24 - Form 424B2
- 4/9/24 - Form FWP
- MUFG's page on the SEC website