US still accounts for 20% of exports thanks to strong demand, business environment

A container ship at a port in Yokohama on Aug. 1. © Kyodo

TOKYO -- The new U.S. "reciprocal" tariffs on Japanese goods highlight the importance of developing a stronger presence in emerging markets to bolster Japan's economic resilience to risk.

A 15% tariff on imports from Japan is set to take effect Aug. 7.

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