Reported 2 days ago
Japan recorded a $63 billion trade surplus with the U.S. while facing a global trade deficit of $37 billion for the fiscal year ending in March. The surplus comes as Japanese negotiators meet in Washington to address U.S. tariffs proposed by President Trump, including a potential 24% tariff on Japanese imports. Japan's exports have risen by 5.9% driven by strong shipments of technology and vehicles, despite a challenging tariffs landscape.
Source: YAHOO