Prime Minister Shinzo Abe has three years left in office after winning the Jul. 21 elections. Japan’s exports have slowed recently with a 5.6% year over year in 2Q dragging on the wider economy. There are three major trade issues to be addressed that could drive improved export growth. Firstly, a trade deal with the U.S. will need to focus on autos, which represented 36.2% of all exports in 2018 and which face a separate U.S. trade investigation in November. Other sectors that could benefit from a trade deal with the U.S. include: construction equipment where shippers including Komatsu a...
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