"Japan's exports grew 4.2% in September, according to government data Wednesday, on robust shipments to Asia that offset a decline in exports to the U.S., which were impacted by President Donald Trump's tariffs.Japan's exports to Asia jumped 9.2% last month compared to the same period a year earlier, according to Japanese Ministry of Finance data.Exports to the U.S. dropped 13.3%, marking the sixth straight month of on-year declines, while those to China surged 5.8% compared to last year."
"She is known for nationalist-leaning conservative views but is also seen as a proponent of bigger public spending, which has sent share prices generally rising in Tokyo in recent sessions.Takaichi has also promised higher wages, as well as looser monetary policy, which would favor a weak Japanese yen. That would be a boon for the nation's giant exporters by raising the value of overseas earnings when converted into yen."
Japan's exports rose 4.2% in September, boosted by a 9.2% jump to Asia and a 5.8% increase to China, while exports to the U.S. fell 13.3%. Auto shipments to the U.S. plunged 24.2%, hitting major automakers such as Toyota Motor Corp. Imports increased 3.3% overall, with a 6% gain in Asia and a 9.8% rise in imports from China. Sanae Takaichi became prime minister and favors larger public spending, higher wages and looser monetary policy that could weaken the yen and benefit exporters. A U.S.-Japan trade framework set a 15% tax on Japanese goods and included a $550 billion Japanese investment pledge in the U.S.
Read at Fast Company
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