In that case it's a problem with layer compositing and blending.
The workaround is to flatten prior to exporting (remember to undo the flattening before saving the original!)
A few versions back a new layer compositing engine was implemented. In the beginning it was a bit buggy, so there was a checkbox in preferences to "use legacy compositing". Recently that checkbox was removed, on the grounds that the problems had been fixed.
But apparently not, and I suspect they should have left the checkbox. I've seen a couple of similar cases recently.
Bottom line - this should be reported as a bona fide bug on the feedback site (the official bug report channel). Include as many specific details as you can.
https://feedback.photoshop.com/topics/photoshop/5f5f2092785c1f1e6cc4086b