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.

TOKYO—Japan’s exports fell for the first time in eight months in May, bolstering views that the impact of President Trump’s tariffs could tie the Bank of Japan’s hands on rate hikes. Exports, a main engine of growth for Japan’s economy,

Japan's exports fell in May for the first time in eight months as big automakers such as Toyota absorbed the costs of sweeping tariffs imposed by the U.S., and the failure of the Asian nation to reach a trade deal this week will likely pile pressure on its fragile economy.