In January, Japan's exports plunged by 45.7% from a year ago. It was the largest decline in 52 years. Exports to the United States fell by 52.9%, exports to Europe by 47.4%, and exports to Asia by 46.7%, according to Japan's Ministry of Finance.China's exports fell much more sharply than expected in February. Exports in February dropped 25.7 percent from a year earlier, much worse than consensus expectations of a 5% decline. Imports fell 24.1%, against a forecast of a 25.0% drop.Do you know how long this will last?What effect will this have on each one of us?
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