TOKYO - Japan’s exports fell in September at the slowest pace in seven months as U.S.-bound vehicle shipments rose from lows brought about by the COVID-19 pandemic, indicating easing pressure on the world’s third-largest economy.
Fewer exports of iron to Taiwan and ships to Panama left September marking the 22nd consecutive month of export decline, the longest run since the 23-month stretch through July 1987. Still, the slowing decline in exports adds to other signs of gradual economic recovery such as a pickup in factory output.
By destination, shipments to the United States rose 0.7%, the first increase in 14 months, driven by stronger demand for electrical power machinery as well as passenger cars, whose numbers jumped 18%.
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There is a lack of auto inventory in the US which still has hunger to spend money. If the US slows down consumption the entire world would feel it
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That is the power of make America great again ..America first not just that everybody has a right to first employ there citizens ..
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