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 top trade negotiator Ryosei Akazawa said on Friday that trade negotiations with the U.S. "remained in a fog" despite efforts by both sides to seek an agreement.

Most Japanese companies are staying the course despite U.S. President Donald Trumps tariffs, according to a Reuters survey conducted by Nikkei Research between June 413. Among 220 responding firms, 71% said the impact