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Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas. Japan’s trade deficit totaled 78.7 billion yen ($539 ...
On 17 May 2019, the United States and Japan struck a trade deal to lift the beef import ban, clearing the way for U.S. products to enter the market regardless of age. U.S. agriculture secretary Sonny Perdue hailed the trade deal, stating "This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious ...
Japan racked up a trade deficit of 294.3 billion yen ($2 billion) in September, according to Finance Ministry data released Thursday, as exports fell to key destinations like China. For the first ...
Between 1960 and 1964, Japan incurred annual trade deficits (based on a customs clearance for imports) ranging from US$400 million to US$1.6 billion. The era of chronic trade deficit ended in 1965, and by 1969, with a positive balance of almost US$1 billion, Japan was widely regarded as a surplus trading nation.
TOKYO (Reuters) -Japanese and Chinese trade ministers have agreed to establish a framework to discuss export controls, Japanese media reported on Wednesday, indicating steps on economic ...
The General Agreement on Tariffs and Trade regulations on government's influence on trade prohibit export restrictions under normal circumstances; if export restrictions are approved, these restrictions must be non-discriminatory and can only be implemented through tariffs, taxes and fees. However, the government's involvement in voluntary ...
Japan would welcome the European Union's lifting of restrictions on food imports imposed after a 2011 nuclear accident triggered by a major earthquake and tsunami, a government spokesperson said ...
Japan is a middle power and a member of numerous international organizations, including the United Nations (since 1956), the OECD, and the Group of Seven. [1] Although it has renounced its right to declare war, the country maintains Self-Defense Forces that rank as one of the world's strongest militaries.