Local News

BOJ Fukuoka Cites Auto Export Drop on Tariff

Bank of Japan’s Fukuoka branch reported a notable drop in automobile exports since May, attributing the decline to shifts in production to U.S. facilities and price adjustments to absorb rising tariffs under the Trump administration. While the overall economic outlook for Kyushu and Okinawa remains steady, the bank revised its export assessment downward, citing weakening trends. The branch head emphasized ongoing risks tied to U.S. tariff policy and Japan–U.S. trade negotiations, noting that the situation remains under close watch. Source: NHK

BOJ Fukuoka Cites Auto Export Drop on Tariff

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Category
General
Fukuoka Prefecture
Published: Jul 2, 2025 / Last Updated: Jul 2, 2025

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