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20th Aug 2025 12:07China+Daily Monitor

  • Higher tariffs hurt Japan’s car and steel exporters in July, with export values seeing precipitous declines.
  • Car export prices to the US are still falling in USD terms, but more slowly. Exporters are absorbing costs.
  • Japan’s flash composite PMI has slid for three straight months but points to stronger domestic demand in July.

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Keywords for: 22 August 2025 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence