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International Business Times
International Business Times
World
Mark Moore

Japan Sees Record High Exports - Companies Rushing To Beat Potential Trump Tariffs May Be Why

Donald Trump Japan Canada Mexico
The front pages of newspapers in Tokyo show President Donald Trump's swearing in on Wednesday. Japan has reported record exports last year as some companies ramp up exports as they await clarification on Trump's tariff threats. (Credit: RICHARD A. BROOKS/AFP via Getty Images)

Japan's exports hit a record high last year and may be due in part to companies anticipating President Donald Trump's tariff threats, according to reports.

Japan, which has the world's third-largest economy, saw exports soar to 107.9 trillion yen ($691 billion) for 2024, rising past the 100 million yen mark for the second straight year, the Associated Press reported, citing figures from Japan's Finance Ministry.

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