Japan’s Export Growth Slows on China Holidays, US Tariffs Impact

New trucks bound for shipment at a port in Yokohama, Japan.Photographer: Toru Hanai/Bloomberg

Japan’s exports grew at a slower pace, as tariffs weighed on car shipments to the US fell and as demand in China slumped due to the Lunar New Year holidays.

The value of overall exports rose 4.2% in February from a year earlier, after a big jump in the previous month, the Finance Ministry reported Wednesday. The result beat the median analyst forecast of a 1.9% rise.