A significant majority of Japanese firms have found the business impact of U.S. President Donald Trump's tariffs within expectations and have not found it necessary to change investment plans, a Reuters survey showed on Thursday.

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,

Prime Minister Shigeru Ishiba, speaking after the G7 summit in Canada, confirmed that negotiations with Washington had failed to yield a full tariff agreement.