Tokyo has failed so far to clinch a trade deal with Washington and fulfil its goal of convincing President Donald Trump to scrap a 25% tariff on Japanese cars as well as a 24% reciprocal tariff on other Japanese imports that has been paused until July 9.

Japan has reported its exports fell in May as shipments of autos to the U.S. dropped nearly 25% from a year earlier due to higher tariffs imposed by President Donald Trump.

Japan's exports fell in May for the first time in eight months as big automakers like Toyota were hit by sweeping U.S. tariffs, and the failure of Tokyo to clinch a trade deal this week will likely pile pressure on a fragile economy.