Japan’s exports post first drop in 8 months

News Snapshot:

New Toyota RAV4 crossover SUVs for sale are seen at an auto mall. THE CANADIAN PRESS/Justin Tang TOKYO — 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. Prime Minister Shigeru Ishiba said after the Group of Seven summit in Canada on Tuesday his country had not reached a comprehensive tariff agreement with Washington as some disagreements persisted between the two nations. Japan and the U.S....